hedgewithcrypto

ETHERIUM - Buy Opportunity - 44% ROI - 6.5:1 Risk/Reward

Long
hedgewithcrypto Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
Reasons to buy on a breakout from the consolidation zone:

  • Valid break-out pattern with a clear consolidation zone (squeeze)
  • Steady accumulation and increase in volume
  • Smaller time-frame breakout patterns to the upside have hit target (trend continuation)
  • High return on investment (44%) with 6.5:1 risk/reward

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Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Comment:
Wait for the retracement to complete before adding more to position
Comment:
Next target:
Comment:
Moved stops to BE for a free trade

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