ETH 130% profit long opportunity for high leveraged traders
Disclaimer: This is not financial advice
In high leverage trading your entry is a matter of life or death, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we fight for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
Ethereum: there is a bearish divergence on the daily and a weekly candle that looks really ugly right now should the week close around here, however we are also very close to an important weekly support area (370s). This is where I see a huge long opportunity that could eventually double our investment (don't exaggerate with size or you won't be able to exit). High leverage traders need to act fast and I mean fast as hell, seeing things is one thing acting on them takes skill. The crucial move here is to manage to enter a good long in the support area, as close to 370 as possible depending on how aggressive you want to be with leverage. The more leverage you use the lower you should place your bid. From here then I'm expecting a bounce back to at least $400 first and $430 (retest of broken daily trendline) next.
Entry: 370-375 SL: 362 TP1: 400 TP2: 430
In high leverage trading your entry is a matter of life or death, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we fight for a good entry. So if you're nervous and itching to open a position then take a few deep breaths and don't trade!
Ethereum: there is a bearish divergence on the daily and a weekly candle that looks really ugly right now should the week close around here, however we are also very close to an important weekly support area (370s). This is where I see a huge long opportunity that could eventually double our investment (don't exaggerate with size or you won't be able to exit). High leverage traders need to act fast and I mean fast as hell, seeing things is one thing acting on them takes skill. The crucial move here is to manage to enter a good long in the support area, as close to 370 as possible depending on how aggressive you want to be with leverage. The more leverage you use the lower you should place your bid. From here then I'm expecting a bounce back to at least $400 first and $430 (retest of broken daily trendline) next.
Entry: 370-375 SL: 362 TP1: 400 TP2: 430
Trade closed: target reached:
As announced already announced elsewhere earlier today this trade hit target and I closed it at 400. Thank you whoever followed it, it was a fun trade for sure