POLONIEX:ETHUSDT   Ethereum / Tether USD
11
Not the cleanest, prettiest count I've ever seen but with the pause at the 78.6 it's trade-able. The deeper the retracement the lower the risk and the greater the potential reward. Think of a slingshot. The deeper you pull it back the farther the rock flies. Tight stop under the last pivot and you've got a 7-to-1 risk reward. I'd like to see the oscillator make the turn for validation but with the risk this low and the count still valid, I'm in with a relatively smaller position looking for confirmation to add...

Crypto Trading and Education - goo.gl/AUxrWz
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.