Could this be the run we're waiting for on ETH?
1 & 2) While the rest of the market climbed fast, ETH had weak attempts at making new highs.
3) A steep drop was quickly bought up.
4) After more consolidation, the range finally expanded upward. This is the breakout we've been waiting for the past few weeks.
Entry: immediate
Target: until the trend changes down
Stop: $65 below entry, trailing stop if you prefer
Stats are from 1/1/2020 to current using ~2% risk with 0.1% fees (Binance).
Questions and comments welcome.
1 & 2) While the rest of the market climbed fast, ETH had weak attempts at making new highs.
3) A steep drop was quickly bought up.
4) After more consolidation, the range finally expanded upward. This is the breakout we've been waiting for the past few weeks.
Entry: immediate
Target: until the trend changes down
Stop: $65 below entry, trailing stop if you prefer
Stats are from 1/1/2020 to current using ~2% risk with 0.1% fees (Binance).
Questions and comments welcome.
Trade closed: target reached:
Trade closed for a 2.25% gain.