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#ETH
Based on your Ethereum/USDT (ETH/USDT) 1-hour chart from TradingView, here’s a suggested Stop-Loss (SL) and Take-Profit (TP) setup, assuming the blue arrow indicates your expected upward move:
Trade Idea (Long Position)
Entry: Around 2,517 (current market price)
Take-Profit (TP):
First TP: 2,857.27 (as marked by your arrow tip)
Conservative TP: ~2,800 (prior resistance zone)
Stop-Loss (SL):
Below key support zone or recent low:
Aggressive SL: 2,400 (below 0.618 Fib level)
Conservative SL: 2,294.84 (daily low)
This gives you a Risk-Reward Ratio of approx 1:2.5–1:3, depending on your SL choice.
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