ETH/USDT 8H (Binance Fut.) Ranging inside rising wedge
Ethereum is still ranging inside the wedge, you may wait for breakout first but I'm taking the risk to short again right now.
Sell Entry= 208.44 - 213.04
Take Profit= 193.81 | 185.58 | 176.69
Stop Loss= 227.67
Risk/Reward= 1:1 | 1:1.49 | 1:2.01
Expected Profit= 40.15% | 65.73% | 93.99%
Possible Loss= -40.15%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 5x
Sell Entry= 208.44 - 213.04
Take Profit= 193.81 | 185.58 | 176.69
Stop Loss= 227.67
Risk/Reward= 1:1 | 1:1.49 | 1:2.01
Expected Profit= 40.15% | 65.73% | 93.99%
Possible Loss= -40.15%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 5x
Trade closed: target reached:
TP3 hit with +93.99% profit from average entry using 5x margin leverage as recommended. Enjoy and show me some love here!
