Ethereum is trading in a no trade zone, meaning it is not making higher highs or lower lows. It must break either side and sustain for atleast one candle to clear the direction.
Simple Plan to follow Plan 1: IF IT BREAKS ABOVE & CLOSE 4240 Long entries must be taken with stoploss. 3900 TP: 4500 and above
Plan 2: IF IT BREAKS BELOW & CLOSE 3900 Short entries must be taken with stoploss. 4200 TP: 3400
Not saying its wrong, just asking: if you move support on the start on the bottom of the candle and align with bottom of last candle it will create just normal support zone. And there you have to wait for break down. just a though
TradeTrio
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@Majo912, Nice. That can be a perfect. What I have done here is to touch maximum points in my trendline
TradeTrio
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@Majo912, I don't consider a trendline when it has only two touches
tahakhan0
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TP hit.. Amazing job
MrDamage-
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Solid analysis; thanks for sharing!
TradeTrio
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@MrDamage-, Most Welcome. Check my other analysis and comment if you find useful :)