Selling ETHUSD : Strategic Entry Points and Take Profit Levels

#ETHUSDT #ETHUSDT. #ethusd #BinanceSquareFamily #Binancepen_spark

For traders looking to capitalize on the current market dynamics, a selling opportunity for ETHUSD has been identified in the range of **$2,680 - $2,700**.

This strategy was shared on **Friday, September 27, 2024**, at **12 PM EST**. A **stop loss** is recommended at **$2,740**, while a **break-even** point is set at **$2,675**.

The proposed take profit levels are strategically placed to optimize gains at various price points. The first target is at **$2,660**, followed by **$2,640** for the second target. The third take profit is positioned at **$2,620**, and the fourth at **$2,600**.

Additional targets include **$2,580**, with more long-term targets set at **$2,480**, **$2,380**, and **$2,080**.

This structured approach provides multiple exit points for traders to secure profits as the market fluctuates.

Conclusion :

For those following Richard Eyo, also known as "The Wizard," this strategy offers a well-defined plan for selling **ETHUSD**. Traders should monitor the market closely and be prepared to adjust their positions based on price movements to maximize profitability.

Advice for Investors :

Stay disciplined with your stop loss and be strategic about your take profits to ensure you capture gains while minimizing risks.