Let's imagine that Ethereum reverses and starts upward movement. Where we have to buy it? The 1st entry level should be above the high of a signal candle. It's the candle where there is a confirmation of price reversal. But the market can move upward very quickly and we can miss such trading opportunity. In order to avoid such situation, we can place pending orders for buy above the previous highs. It's 342.00 level. If the market bounces from the support zone formed by the uptrend line, 300.00 and 280.00 support levels, it will be the 2nd entry level.
