Technical analysis by TradingOn about Symbol ETHW: Buy recommendation (10/1/2024)

Ethereum PoW regained 50MA weekly support and seems to be in full bullish mode, continuation is on.⚡️⚡️ #ETHW/USDT ⚡️⚡️Exchanges: ByBit USDT, Binance Futures, OKX FuturesSignal Type: Regular (Long)Leverage: Isolated (1.0X)Amount: 5.0%Current Price:3.665Entry Zone:3.524 - 2.904Take-Profit Targets:1) 5.1191) 7.0301) 8.941Stop Targets:1) 1.940Published By: @ZblabaETHW ETHWUSDT.P #1W #Ethereum #PoW ethereumpow.orgRisk/Reward= 1:1.5 | 1:3.0 | 1:4.5Expected Profit= +59.3% | +118.7% | +178.2%Possible Loss= -39.6%Estimated Gaintime= 3-6 monthsETHWUSDT.P #1W +15.5% from average entry #ETHW/USDT Entered entry zone ✅ Period: 51 Minutes ⏰ ETHW dipped to 50MA support as planned and is bouncing back so far.