Fantastic 22% LONG Opportunity on ETH After Retracement

Buy. The. Dip.

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This trade is going really well so far, we have seen the price taking off exactly from the support area as we hoped.

It is now approaching the first challenge for Ethereum: the psychological resistance of $550 where historically we have seen changes in momentum of the price. If it manages to break above $550 I am very bullish and expect it to continue to $620.

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So far this idea is working out really well! The difficult part is that the price is now reaching a very complicated area if you weren't in the trade already.

This is how I suggest to trade it if you're looking at Ethereum now: