Hello TradingView Family / Fellow Traders,
ETH has been hovering within a range for a couple of weeks, now fluctuating between 2120.0 and 2320.0.
📈 For the bulls to remain in control and take over from a medium-term perspective again, we need an H4 candle close above the range, at 2320.0
In this case, a movement to the 2,500 round number and upper red trendline would be expected.
📉 Meanwhile, ETH would be stuck inside a range, but the bulls will remain in control as long as the 2,100 level holds.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr