My suggesting a sell position on the BTC/ETH pair at 42.6300, with target levels at 39.0750, 37.2400, and 35.3560, and a stop-loss at 44.5800.
Analysis & Considerations
1. Risk-Reward Ratio
If your first target is 39.0750, your risk (stop-loss) is 1.95 ETH, and your reward is 3.55 ETH → Risk/Reward = 1:1.8, which is decent.
If aiming for 35.3560, the R/R improves significantly.
2. Market Conditions
Check BTC/ETH technical indicators (RSI, MACD, Volume, Support/Resistance).
News or fundamental events impacting BTC and ETH could affect this trade.
3. Confirmation Signals
If BTC is weak and ETH is stronger, this sell setup has a better probability.
If ETH shows weakness, BTC may also fall, impacting relative price action.
Would you like a quick analysis of the latest BTC/ETH trend before confirming the trade?
Analysis & Considerations
1. Risk-Reward Ratio
If your first target is 39.0750, your risk (stop-loss) is 1.95 ETH, and your reward is 3.55 ETH → Risk/Reward = 1:1.8, which is decent.
If aiming for 35.3560, the R/R improves significantly.
2. Market Conditions
Check BTC/ETH technical indicators (RSI, MACD, Volume, Support/Resistance).
News or fundamental events impacting BTC and ETH could affect this trade.
3. Confirmation Signals
If BTC is weak and ETH is stronger, this sell setup has a better probability.
If ETH shows weakness, BTC may also fall, impacting relative price action.
Would you like a quick analysis of the latest BTC/ETH trend before confirming the trade?
Trade active
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Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
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.