Technical analysis by Jilderinho about Symbol ETHW on 10/22/2022

Hi fellow traders, Hi fellow traders, After a drop in price of ETHWUSDT by more than 50%, the coin finally found some upside. The coin has gained an important hourly level and there might be an interesting scalp long opportunity on the horizon. The level around 6.4 dollar is a key level that has been gained. The trade here is a retest around 6.4 dollar and then a push higher to the next strong resistance zone around 7 dollars. Entry: 6.4 dollar. Exit: 6.975 dollar. Stop-loss: 6.25 dollar. Potentially sell 25% around 6.7 dollar and leave 75% to sell at 6.975 dollar. Trade safe and smart!