$ETH/USDT 8h (Binance Futures) Rising wedge breakout and retest
Ethereum is looking bullish to me, I know this is more likely to be a bearish pattern but we are still in a bull trend!
Current Price= 1758.00
Buy Entry= 1734.32 - 1654.12
Take Profit= 1980.70 | 2251.86 | 2761.18
Stop Loss= 1452.60
Risk/Reward= 1:1.2 | 1:2.33 | 1:4.45
Expected Profit= +17.01% | +33.03% | +63.12%
Possible Loss= -14.19%
Fib. Retracement= 1.414 | 2.414 | 4
Margin Leverage= 1x
Estimated Gain-time= 720h
Current Price= 1758.00
Buy Entry= 1734.32 - 1654.12
Take Profit= 1980.70 | 2251.86 | 2761.18
Stop Loss= 1452.60
Risk/Reward= 1:1.2 | 1:2.33 | 1:4.45
Expected Profit= +17.01% | +33.03% | +63.12%
Possible Loss= -14.19%
Fib. Retracement= 1.414 | 2.414 | 4
Margin Leverage= 1x
Estimated Gain-time= 720h
Trade active:
First entry filled
Ethereum dipped as expected, let's see if we can bounce a bit now!
Ethereum dipped as expected, let's see if we can bounce a bit now!
Trade closed: target reached:
TP1 reached with +17.01% and 1.2R
Ethereum bounced very well then pulled back quite hard, PC bot closed the trade at 2nd entry.
If you are still in manually, you can stick to original SL aiming for higher targets.
But this is not looking very good short-term since it broke-down so it is rather risky!
Ethereum bounced very well then pulled back quite hard, PC bot closed the trade at 2nd entry.
If you are still in manually, you can stick to original SL aiming for higher targets.
But this is not looking very good short-term since it broke-down so it is rather risky!
