ETH - breakdown of the local countertrend
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ETH continues to consolidate in the same range, creating small impulses towards the local countertrend line.
You can try to gain a position from the current values on the breakdown of the countertrend line by placing a grid of orders, 5% of the deposit.
Deal plan:
Entrance - 1820/1790/1770$
Stop - $1725
Take profit - $1900-1930 (0.5 level test)
I think there will probably be a small rollback before the trend line is broken, so it’s better not to risk much and take a position with an addition lower, you can arrange the grid in your own way to stronger levels from where the price can get a rebound.
ETH continues to consolidate in the same range, creating small impulses towards the local countertrend line.
You can try to gain a position from the current values on the breakdown of the countertrend line by placing a grid of orders, 5% of the deposit.
Deal plan:
Entrance - 1820/1790/1770$
Stop - $1725
Take profit - $1900-1930 (0.5 level test)
I think there will probably be a small rollback before the trend line is broken, so it’s better not to risk much and take a position with an addition lower, you can arrange the grid in your own way to stronger levels from where the price can get a rebound.
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