ETH/USD Long, Can Lightning Strike Twice?

ETH/USD Long, Can Lightning Strike Twice?



After hitting the target for our last long position on this pair, Ethereum             has pulled back for a bullish retest and found some support on the top of the demand zone .

Entering another long position targeting the equilibrium of the 12-Hour order block for the 1st Take-Profit @ $227.50, which is confluent with the 50% level of this latest move.

2nd Take-Profit is the former range high of $232, which is confluent with the 61.8% Fib.

Stop-Loss is fairly tight because Bitcoin             could easily break the micro support it has been building and go test the bottom of its range which would give us a better opportunity to enter another long for ETH/USD.

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