ETHEREUM TRADE SETUP Long

Ethereum / US DollarBinance

Description

⋅ May 20, 2022 1:48 PM

Hey guys, ETH in a lower timeframe is breaking out of the triangle pattern. If this is a real deal then we will see ETH reaching up to 2.4k to 2.5k.

The accumulation level will be $1950 to $2050.

Target $2400 to $2500 (20%).

Stop Loss: $1850.

I am buying ETH in spot also in leverage but with a minimal investment.

Comments

joshbrawn1

⋅ May 21, 2022 8:35 AM

Thanks for sharing but the flag is more than likely a bearish pattern due to the bearish impulsive move prior to this corrective pattern. Continuation of the previous direction is probible and likely

Dexter_The_Trader

⋅ May 21, 2022 5:22 PM

@joshbrawn1, Yes you are right but I am still holding on to this. If ETH breaks below this then I am out.