Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0251). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . ETHBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 70.
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27080 pips profit...
Total Profit: 27080 Closed trade(s): 17880 Profit Open trade(s): 9200 Profit
Update Details:
Closed Profit: TP1 @ 0.02650 touched at 2020.07.22 with 1170 pip Profit. TP2 @ 0.02850 touched at 2020.07.23 with 3170 pip Profit. TP3 @ 0.03060 touched at 2020.07.25 with 5270 pip Profit. TP4 @ 0.03360 touched at 2020.08.02 with 8270 pip Profit. 1170 + 3170 + 5270 + 8270 = 17880
Open Profit: Profit for one trade is 0.03453 (current price) - 0.02533 (open price) = 9200 1 trade(s) still open, therefore total profit for open trade(s) is 9200 x 1 = 9200 All SLs moved to Break-even point.