Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
ETH has been slightly bullish trading inside the rising channel in brown.
ETH is currently sitting around the middle of the channel, which is a no-trade zone to me.
🗒So now, we wait...
As ETH approaches the upper brown trendline and blue resistance, we will be looking for reversal sell setups.
In parallel, as ETH approaches the lower brown trendline and green support, we will be looking for trend-following buy setups.
We would be slightly bullish, unless or until we break below the lower brown trendline.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH has been slightly bullish trading inside the rising channel in brown.
ETH is currently sitting around the middle of the channel, which is a no-trade zone to me.
🗒So now, we wait...
As ETH approaches the upper brown trendline and blue resistance, we will be looking for reversal sell setups.
In parallel, as ETH approaches the lower brown trendline and green support, we will be looking for trend-following buy setups.
We would be slightly bullish, unless or until we break below the lower brown trendline.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal