EthereumPoW/TetherPanjang
ETHW - SWING LONG IDEA
Greetings degens
Summary: we had a MSB, came back down to test the breaker - went up to an H1 supply/local GP - came down to retest the breaker. So we're ranging yeah.
Typically am looking for a deviation of the swing low - which we have not had - followed by a retest or two for a move up, however, trading this range on it's own has been a profitable scalp nonetheless.
If we can breach the $7 mark, expect a 100% move up from where we are and if we can MSB on a HTF, then possibly a 200%.
The chart is charted with a bullish bias FYI.
Trade smart, manage yo risks and always 100x leverage - thxbye
Summary: we had a MSB, came back down to test the breaker - went up to an H1 supply/local GP - came down to retest the breaker. So we're ranging yeah.
Typically am looking for a deviation of the swing low - which we have not had - followed by a retest or two for a move up, however, trading this range on it's own has been a profitable scalp nonetheless.
If we can breach the $7 mark, expect a 100% move up from where we are and if we can MSB on a HTF, then possibly a 200%.
The chart is charted with a bullish bias FYI.
Trade smart, manage yo risks and always 100x leverage - thxbye
Penafian
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