ETH/USDT 3h (Binance Fut.) Descending channel breakout
If you keep missing out with Ethereum, you'd better do something about it!
This is another clear break-out to me and it could go for a new local high.
Current Price= 407.59
Buy Entry= 407.60 - 396.00
Take Profit= 433.15 | 469.65 | 497.47
Stop Loss= 375.74
Risk/Reward= 1:1.2 | 1:2.6 | 1:3.67
Expected Profit= +25.96% | +67.56% | +95.24%
Possible Loss= -25.96%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 4x
Estimated Gain-time= 240h
This is another clear break-out to me and it could go for a new local high.
Current Price= 407.59
Buy Entry= 407.60 - 396.00
Take Profit= 433.15 | 469.65 | 497.47
Stop Loss= 375.74
Risk/Reward= 1:1.2 | 1:2.6 | 1:3.67
Expected Profit= +25.96% | +67.56% | +95.24%
Possible Loss= -25.96%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 4x
Estimated Gain-time= 240h
Trade active:
All entries filled and bounced on ascending channel support so far.
Trade closed: stop reached:
Support did not hold at last, Stop Loss was hit with -25.96%, sorry about that!
Comment:
If you want to short it now, I made a new private idea:
