mansour1978

ETH , Maybe anothet chance to long?

Long
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
As you can see in the chart, the 200-day simple moving average line has done its role of supporting the price well.
We wait for the price to react again to this line and finally we enter a long position with the confirmation candle and of course the break of the drawn downward trend line.
This is not a recommendation to buy or sell.
Check this analysis according to your own strategy.
Good luck .

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