Top 3 Ethereum Trading Strategies for Today: Maximize Your Profits with Precision! đŸ
Here are three concise ETH trading strategies for today, December 18, 2024:
1. Breakout Strategy:
- Direction : Long
- Entry: Above $4,100
- Rationale: A strong move above $4,100 indicates bullish momentum. Watch for volume confirmation and set stop-loss below $4,000.
2. Pullback Strategy:
- Direction: Long
- Entry: $3,600â$3,700
- Rationale: Buy on retrace to this support zone after rejection at $4,000. Set stop-loss below $3,550.
3. Range Trading:
- Direction: Long at $3,600, Short at $4,100
- Rationale: Exploit the range-bound movement between support and resistance. Use stop-loss just outside the range.
Manage risk wisely and stay updated.
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