ETHUSD Downtrend Breakout!/Trading Plan
BYBIT:ETHUSD
4H trend chart
Long:
1)Vegas tunnel_576/676 had a support for price
2)Price rally Fib(0.382) level
3) Breaks out downtrend line
4) Breaks out 12ema
But should note the above downtrend resistance.
Profit Targets:
a) 4037-----Fib(1)
b) 4550~4758-----Fib(1.272~1.382)
Stop losses:
a) 2642-----previous lows
4H trend chart
Long:
1)Vegas tunnel_576/676 had a support for price
2)Price rally Fib(0.382) level
3) Breaks out downtrend line
4) Breaks out 12ema
But should note the above downtrend resistance.
Profit Targets:
a) 4037-----Fib(1)
b) 4550~4758-----Fib(1.272~1.382)
Stop losses:
a) 2642-----previous lows
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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.
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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.