Patrick2707

ETH long - swing trade

Long
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Some nice and easy one side pa for ETH in the past hours. So what is next ...

As discussed in our previous idea we are either looking for a run toward 2200$ or a deviation of the current highs.

As we approach towards NY open let's see IF we deviate and close back in into the range --> activating bearish plan

Or IF we manage to hold the current (broken) highs as support to continue towards 2200$

For those not in a trade, PLAN, WAIT and EXECUTE when the market shows you its hand.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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