Long Entry Eth Usdt

We know that Ethereum is highly correlation with Bitcoin(around 90-92% of the times).

So in this case we are going to use the key points from BTC and apply them to ETH.
Obviosly by doing this we increase both our profit and loss levels due to a bigger volatility.

As I specified in the BTC post, I believe for the next following days until next week we might have a new small bull run, before the Feds are going to speak about the interest rates which can be a key factor for a change in the sentiment.


In this case they key points are:
Long entry
TAKE PROFIT level 1 3000-3050
TAKE PROFIT level 2 3150-3200
TAKE PROFIT level 3 3300-3350

STOP LOSS 2450-2500

RISK REWARD RATIO : For 1 $ lost we have the possibility of making 1/1.5/2$ based on the tp points.