Could this be the run we're waiting for on ETH?
1 & 2) While the rest of the market climbed fast, ETH had weak attempts at making new highs.
3) A steep drop was quickly bought up.
4) After more consolidation, the range finally expanded upward. This is the breakout we've been waiting for the past few weeks.
Entry: immediate
Target: until the trend changes down
Stop: $65 below entry, trailing stop if you prefer
Stats are from 1/1/2020 to current using ~2% risk with 0.1% fees (Binance).
Questions and comments welcome.
1 & 2) While the rest of the market climbed fast, ETH had weak attempts at making new highs.
3) A steep drop was quickly bought up.
4) After more consolidation, the range finally expanded upward. This is the breakout we've been waiting for the past few weeks.
Entry: immediate
Target: until the trend changes down
Stop: $65 below entry, trailing stop if you prefer
Stats are from 1/1/2020 to current using ~2% risk with 0.1% fees (Binance).
Questions and comments welcome.
Trade closed: target reached
Trade closed for a 2.25% gain.
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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.
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.