Greetings,
In this trading idea I propose a way to increase your bitcoin through the pair ETH-BTC. After today's growth of tech sector NASDAQ, bitcoin also grew as a risky asset, and finally ether began to wake up, as I think it is now more interesting than bitcoin for speculative trading, as ether has good fundamental news in addition to the schedule defi projects (which are 99% outright scam) and a new haip NFT which is only gaining momentum.
On the daily chart the uptrend channel, the beginning of the upward movement, for a safer entry point, I would have waited for consolidation above the zone 0.033 if we consider the entry point from this level, the ratio risk/profit about 1 to 3, subject to the shift of the stop in the zone 0.028, with prolonged consolidation below this zone.
The goal of this trade is the last high of the zone 0.045.
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
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In this trading idea I propose a way to increase your bitcoin through the pair ETH-BTC. After today's growth of tech sector NASDAQ, bitcoin also grew as a risky asset, and finally ether began to wake up, as I think it is now more interesting than bitcoin for speculative trading, as ether has good fundamental news in addition to the schedule defi projects (which are 99% outright scam) and a new haip NFT which is only gaining momentum.
On the daily chart the uptrend channel, the beginning of the upward movement, for a safer entry point, I would have waited for consolidation above the zone 0.033 if we consider the entry point from this level, the ratio risk/profit about 1 to 3, subject to the shift of the stop in the zone 0.028, with prolonged consolidation below this zone.
The goal of this trade is the last high of the zone 0.045.
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
If you found this information useful, please like and subscribe, so as not to miss anything.
Comment:
#ETH idea worked out great, +35-37% depending on your entry point
