Buying Opportunities in ETH/USD - Wed, Nov 23, 12:45pm. Moved Stop to Break-even, Thu, Nov 24, 18:33pm. Stopped Out at Break-even Mon, Nov 28, 09:37am +$13.55

Chart ETHUSD, H1, 2022.11.23 04:47 UTC, Tradeview, Ltd., MetaTrader 4, Real

The spike higher overnight is rather strong considering the negative sentiment surrounding the entire crypto space of late. Technically, this is a relatively low-risk/high-reward buying opportunity if seen purely from the perspective of risk/reward.

A break below recent low of $1073.88 would suggest the bullishness is unwarranted but if this market rally from here, there is a possibility of ETH/USD rising towards the $1300 handle. 

TRADE IDEA

#1 Bought @ $1161.31. Wed, Nov 23, 12:45pm.

#2 Limit Buy @ $1133.50.

Stop @ $1050.00. Moved Stop to Break-even, Thu, Nov 24, 18:33pm.Stopped Out at Break-even Mon, Nov 28, 09:37am