Trading suggestion: . There is a possibility of temporary retracement to suggested support line (740.0). 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 70.
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54% profit... Total Profit: 54% Closed trade(s): 39% Profit Open trade(s): 15% Profit
Update Details:
Closed Profit: TP1 @ 788.00 touched at 01.03.2020 with 4% Profit. TP2 @ 811.00 touched at 01.03.2020 with 7% Profit. TP3 @ 842.00 touched at 01.03.2020 with 11% Profit. TP4 @ 887.00 touched at 01.03.2020 with 17% Profit. 4% + 7% + 11% + 17% = 39%
Open Profit: Profit for one trade is 872.20(current price) - 755.00(open price) = 15% 1 trade(s) still open, therefore total profit for open trade(s) is 15% x 1 = 15% All SLs moved to Break-even point.