No trade idea for ETH right now, and price isn’t near a trigger. We check again every 4 hours.
Over the last few days ETH has been rising. In the last few hours it has been rising.
Direction alone is not a trade. An idea only appears above when a full setup forms and passes every check.
Resistance, 4 swings
Resistance, 3 swings
Resistance, 3 swings
Uptrend pullback to the 20 EMA; Support, 6 swings
Support, 3 swings
Support, 2 swings
Zones are levels where price has turned before, widened by a quarter of the average candle range. They are places to watch, not orders.
Net of fees and slippage, with a stop counted first whenever a candle touched both levels. About 5 in 10 setups reach take profit, and a win pays the same as a loss costs, so the edge is under a tenth of the risk per trade. Losing runs of 20 or more happen across the market. Size every trade so that is survivable.
Funding right now: +0.0031% every 8 hours.