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$ETH/USDT 3D (Binance Futures) Ascending triangle break & retest

Long
TradingOn Updated   
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Ethereum bounced on 50MA / ascending TL support and has formed a bullish flag, let's catch next dip for a mid-term swing!

Current Price= 4152.58
Buy Entry = 4006.05 - 3456.01
Take Profit= 4998.85 | 6999.83 | 10431.40
Stop Loss= 2882.99

Risk/Reward= 1:1.5 | 1:3.85| 1:7.9
Expected Profit= +33.98% | +87.61% | +179.58%
Possible Loss= -22.73%

Fib. Retracement= 1.117| 1.414 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 5 months

Website: ethereum.org

Contracts:
#Mainnet
#BEP20 0x2170ed0880ac9a755fd29b2688956bd959f933f8
#BEP2 ETH-1C9
#TomoChain 0x2eaa73bd0db20c64f53febea7b5f5e5bccc7fb8b
#HECO 0x64ff637fb478863b7468bc97d30a5bf3a428a1fd
#Avalanche 0xf20d962a6c8f70c731bd838a3a388d7d48fa6e15
#Sora 0x0200070000000000000000000000000000000000000000000000000000000000
#RSK 0x1D931Bf8656d795E50eF6D639562C5bD8Ac2B78f
Trade active:
First entry filled

Ethereum dipping as planned so far, time to start buying and laddering down the demand zone.

Trade closed: stop reached:
SL hit with -22.73% (1x) and -1R

Ethereum lost 50MA then 100EMA supports and broke-down, not what we expected at all...
Will take time to recover from that, now we need to wait for what market has in store for us!


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