Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1059.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65.
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50% pips profit... Total Profit: 50% Closed trade(s): 20% Profit Open trade(s): 30% Profit
Update Details:
Closed Profit: TP1 @ 1190.0 touched at 01.08.2021 with 7% Profit. TP2 @ 1262.2 touched at 01.08.2021 with 13% Profit. 7% + 13% = 20%
Open Profit: Profit for one trade is 1222.40(current price) - 1111.40(open price) = 10% 3 trade(s) still open, therefore total profit for open trade(s) is 10 x 3 = 30% All SLs moved to Break-even point.
awesome.i am new to ur channel bt already a big follower.
i read all ur chart explanations and try to understand.
when u say take profit 1.2.3. ,how do i know where to rebuy after taking profit 1.
or do i only sell the profit and keep initial capital to grow to take profit 2.
i hope u will see this.
thank you.
huge thumbs up.