BYBIT:ETHUSDT.P
1H time frame
-
After breaking out downtrend on 1 Day time frame . ETH is forming an ascending channel on 1H .
With this bearish pattern , we can set two different trading strategies as below.
-
1.
Entry: if getting resistance form upper trend again(~1605)
TP: 1525 or reach lower uptrend
SL: previous high(~1615)
2.
Entry: BO the AC (~1540)
TP: 1400, 1350
SL: if go back to the AC (~1560)
-
Notice: All price are set from the predicted trend, can set it more accurate based on the actual trend/pattern after opening short
1H time frame
-
After breaking out downtrend on 1 Day time frame . ETH is forming an ascending channel on 1H .
With this bearish pattern , we can set two different trading strategies as below.
-
1.
Entry: if getting resistance form upper trend again(~1605)
TP: 1525 or reach lower uptrend
SL: previous high(~1615)
2.
Entry: BO the AC (~1540)
TP: 1400, 1350
SL: if go back to the AC (~1560)
-
Notice: All price are set from the predicted trend, can set it more accurate based on the actual trend/pattern after opening short
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🌔Signal channel: t.me/retradingroom
✨Bybit sign up: www.bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join our Teaching Group for free!(PM me)