Ethereum / Bitcoin
Long
Updated

Possible long scalp on ETHBTC

514
Possible (low margin) Long from here.
Target 0,0675.

Pretty tricky and risky, not suitable for beginners.
Don't blame me if it fails, DYOR.
Any opportunity is worth considering.
Note
Half way up, at resistance.

snapshot

Expecting a pause.
Note
Lock it with a stop, -especially- if your running a margin Long here.

Entry timing was pretty good.
Zero profit is acceptable for trades like this, but a loss is not.
Mind that.
Note
At target already, almost perfect scalp.
feel ready to ride it at will, but have a TP.

snapshot

Enought for the scope of this post.
Note
At resistance, for those interested.

snapshot
Note
Hello,

keep an eye on ETHBTC. It's trying to escape the minor descending broadening wedge and achieved already a Par SAR reversal on W.

snapshot

Right on the edge as of now.
Succeeding in a breakout here would likely pave the way up to 0.08 and strengthen the ascending triangle hypothesis.

Filip of the coin: careful if 0.382 breaks.

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.