$ETH/BTC 1D (Binance Spot) Descending channel on support
Ethereum on 200MA support, last hope for the queen to prevent further Altcoins blood bath.
Current Price= 0.062124
Buy Entry= 0.062273 - 0.060393
Take Profit= 0.067341 | 0.071761 | 0.077206
Stop Loss= 0.057495
Risk/Reward= 1:1.5 | 1:2.62 | 1:4
Expected Profit= +9.60% | +16.80% | +25.66%
Possible Loss= -6.42%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Current Price= 0.062124
Buy Entry= 0.062273 - 0.060393
Take Profit= 0.067341 | 0.071761 | 0.077206
Stop Loss= 0.057495
Risk/Reward= 1:1.5 | 1:2.62 | 1:4
Expected Profit= +9.60% | +16.80% | +25.66%
Possible Loss= -6.42%
Fib. Retracement= 0.382 | 0.618 | 0.883
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Trade active:
All entries filled
Ethereum dipping a bit more, still expecting a bullish reaction here but obviously not looking too good at the moment.
Ethereum dipping a bit more, still expecting a bullish reaction here but obviously not looking too good at the moment.
Trade closed: target reached:
TP1 reached with +9.60% and +1.5R
Ethereum broke out of the channel and is finally showing some strength against Bitcoin.
SL updated to 2nd entry (0.060393₿) to secure the trade and let it run to higher targets!
Ethereum broke out of the channel and is finally showing some strength against Bitcoin.
SL updated to 2nd entry (0.060393₿) to secure the trade and let it run to higher targets!
Trade closed: target reached:
TP2 reached with +16.80% and +2.62R
Ethereum pushed higher accurately hitting 2nd target and printing a new ATH (All Time High) against U.S. Dollar.
SL adjusted to 1st entry now (0.62273₿) waiting for final target patiently.
Ethereum pushed higher accurately hitting 2nd target and printing a new ATH (All Time High) against U.S. Dollar.
SL adjusted to 1st entry now (0.62273₿) waiting for final target patiently.
