#ETHW/USDT 8h (Bybit) Falling broadening wedge breakout

Updated
Ethereum PoW looks good for bullish continuation after regaining 100EMA support.

⚡️⚡️ #ETHW/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.2X)
Amount: 4.9%

Current Price:
2.030

Entry Zone:
2.029 - 1.887

Take-Profit Targets:
1) 2.394
2) 2.721
3) 3.049

Stop Targets:
1) 1.594

Published By: @Zblaba

ETHW #ETHWUSDT #Ethereum #PoW

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +49.0% | +85.7% | +122.6%
Possible Loss= -40.9%
Estimated Gaintime= 1-2 months

ethereumpow.org/
Trade active
ByBit USDT
#ETHW/USDT Entered entry zone ✅
Period: 7 Minutes ⏰
Trade closed: stop reached
⚡️⚡️ #ETHW/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.2X)
Amount: 4.9%

Entry Zone:
2.029 - 1.887 ✅

Stop Targets:
1) 1.594 ✅

🛑#ETHWUSDT 8h (#ByBit) SL hit with -1.0R

ETHW never managed to really bounce back on 100EMA and ended up losing it, then it acted as resistance.

snapshot
ETHethashEthereum (Cryptocurrency)ETHUSDTETHWminingMoving AveragesPOWproofofworksmartcontractSupport and ResistanceWedge

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