TradingOn

$ETH/USDT 30m (Binance Futures) Symmetrical triangle breakdown

Short
TradingOn Updated   
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Ethereum small scalp to hedge longs as well.

Current Price= 1014.14
Sell Entry= 1002.48 - 1025.73
Take Profit= 962.80 | 917.20 | 862.44
Stop Loss= 1062.80

Risk/Reward= 1:1 | 1:1.91 | 1:3.01
Expected Profit= +9.88% | +18.88% | +29.70%
Possible Loss= -9.88%

Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 120h
Trade closed: stop reached:
SL hit with -9.88% (2x)

Ethereum did a fake-out to the downside after all, hedge failed but at least good for the long trades.
Time to look up again now it seems!

Comment:
💡$ETH/USDT 1h (Binance Futures) Symmetrical triangle breakout

Ethereum continuation idea MANUAL TRADE ONLY

Margin Leverage= 3x


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