veryevilone

ETH high risk vs reward long

Long
veryevilone Updated   
KRAKEN:ETHBTC   Ethereum / Bitcoin
Hello everyone, ETH is in good position to take out these resistances. Basically long here, and if the bottom red trindline falls you close. The risk is minimal but the upside potential is huge because price has such a good position between two key resistance levels. Above one and holding, and just within reach of the next, which likely will fall as well if we hold here.
Comment:
Ok this long is very greedy. Its safest to close in between the upper two red trendlines, at ~0.02422 lets see how this goes :) Good luck all.
Trade closed manually:
closing at 0.0228 i got the profits im taking it.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.