$ETH/BTC 4h (Binance Spot) Falling wedge breakout
Ethereum broke-out bullish locally and seems to be heading upwards, at least short-term.
This is a slow mover so you can use a bit of leverage if you want to Margin trade it!
Current Price= 0.066990
Buy Entry= 0.067004 - 0.066300
Take Profit= 0.068943 | 0.071355 | 0.074253
Stop Loss= 0.064745
Risk/Reward= 1:1.2 | 1:2.46 | 1:3.97
Expected Profit= +3.43% | +7.05% | +11.40%
Possible Loss= -2.87%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 2 weeks
This is a slow mover so you can use a bit of leverage if you want to Margin trade it!
Current Price= 0.066990
Buy Entry= 0.067004 - 0.066300
Take Profit= 0.068943 | 0.071355 | 0.074253
Stop Loss= 0.064745
Risk/Reward= 1:1.2 | 1:2.46 | 1:3.97
Expected Profit= +3.43% | +7.05% | +11.40%
Possible Loss= -2.87%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 2 weeks
Trade closed: target reached:
TP1 reached with +3.00% (1x) and +1.2R
Ethereum hit first target, up to +15% profit in Margin if you used 5x 😎
Ethereum hit first target, up to +15% profit in Margin if you used 5x 😎
Trade closed: target reached:
TP2 reached with +7.05% (1x) and +2.46R
Ethereum kept going up while Bitcoin is struggling, SL adjusted slightly below 1st entry (0.066994₿).
Ethereum kept going up while Bitcoin is struggling, SL adjusted slightly below 1st entry (0.066994₿).
Trade closed: target reached:
TP3 reached with +11.39% (1x) and +3.97R
Ethereum never stopped pumping, what a great timing it was, trade is fully closed now!
Ethereum never stopped pumping, what a great timing it was, trade is fully closed now!
