ETH - Wait For The Bears, then The Bulls📉📈

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 ETH has been hovering with a range between $3000 and $3500.

📉 After breaking below the last major low at $3500, ETH has been bearish from a short-term perspective trading within the falling red channel.

Moreover, the $3000 - $3100 is a strong support zone.

🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.

📚 As per my trading style:
As #ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich