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ETH on a 4-hour timeframe has issued a rare LONG signal—are you game?
$ETH /USDT - Go LONG
Trading plan:
Entry: 1814.46 – 1821.24
SL: 1775.55
TP1: 1849.57
TP2: 1870.72
TP3: 1902.45
Why focus on this structure?
- 15-minute RSI has fallen to 33.61, close to the oversold zone, with rebound momentum building up
- 4-hour direction is clearly LONG, confidence 77.4%; current 1817.85 is the dip-buying window
- TP1: 1849.57, TP2: 1870.72; the risk-reward ratio is above 1:2, and a stop-loss at 1775.55 is manageable
- Why now? RSI hits bottom + EMA support, and historical backtests show a high win rate
Discussion:
Will this move reach TP2 first, or is it a bull-trap?