vf_investment

ETHBTC SHORT TERM LONG

Long
BINANCE:ETHBTC   Ethereum / Bitcoin
We are ending retracement to an uptrend, bounced off of a buy zone which was formed by an institutional candle we are looking for a retracement to at least 50% fib zone.

Aroon: In 1 hour time frames we are already in uptrend which shows that we should go for long, in 4 hour it shows that we also are losing momentum for short, which gives us more reason to go for long. In a daily chart we can see lines coming together that shows gain momentum for long.

MACD: MACD shows gain in momentum in 4 hour time frame, and we should get an entry from MACD from 1 hour time frame in a couple of candles. Also in daily charts we are shown gain of momentum for long.

Bollinger band: We bounced off of a bottom Bollinger band and started making higher highs and higher lows since in one hour time frame. Also we bounced in bigger time frames.

Entry: 0.0664
Invalidation 0.0653
Target 1: 0.0686
Target 2:0.0706
Ratio to Target 1: 1:2.1
Ratio to Target 1: 1:3.8

💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.