ETH is just under DO and the neckline resistance of the upper side of the containing box 1314-1414, it is trying hard to break up but has been rejected twice already at 1360, this time a simmetric triangle is showing up after getting out from a wedge, this triangle could break up or down as well , I would open a small position on the break and retest as confirmation up or down around 1355 tha t is Pivot Point or 1362 that is DO an neckline , a lot of attention need to be paid on the confirmation as a fake break could occour easily at this time ; RSI on 15 M is overbought, 30 has still a lot space to move up , 1 H is coming out form oversold area while 4 H is in overbought area, this is telling me that a breakout up could occour , but the other side as well while 15M is overbought, so mix signal from RSI , BTC is in the same situation; I just would wait how the triangle will resolved and enter on a break supported by a confirmation and RSI unless i will just wait for a spot to enter
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1
IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA
MY TRADING RESULTS
# 23 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1
IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA
MY TRADING RESULTS
# 23 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT
Trade active
small 25% position open shortTrade closed manually
Trade closed with 5 US Dollar profit 1349-1344 , at this level there is a support line i will resale a bounce up to resistance; 24th trade profit on the rowDisclaimer
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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.