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$ETH/BTC 1W (Binance Spot) Trendline breakout and retest

לונג
TradingOn מעודכן   
BINANCE:ETHBTC   אתריום / ביטקוין
Ethereum will very likely outperform Bitcoin this year, let's make a big fat swing!

Current Price= 0.040665
Buy Entry= 0.041209 - 0.039601
Take Profit= 0.056825 | 0.079918 | 0.123499
Stop Loss= 0.032195

Risk/Reward= 1:2 | 1:4.81 | 1:10.12
Expected Profit= +40.64% | +97.79% | +205.65%
Possible Loss= -20.32%

Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 11 months
עסקה פעילה:
All entries filled

I just realized I never shared update about Ethereum call on Spot in here.
We all saw that bullish momentum ended early in February leading to a local downtrend.
Looks like hitting 50MA a last time was due, so it happened... And now it is bouncing back up!

Fortunately, I managed to update the Stop Loss lower (to 0.029195₿) with the PC bot so we are still in.
Don't forget this is a long-term trade aiming for ATH retest in satoshis, so be very patient.

עסקה סגורה: היעד הושג:
🎯TP1 reached with +40.64% (1x) and +1.46R

It was a long wait for Ethereum in satoshi, with probably a lot of doubt, but we are surely harvesting the fruit of our patience!

עסקה סגורה: היעד הושג:
TP2 reached with +97.79% (1x) and +3.52R

Ethereum out-performing Bitcoin like never before since last bull market!


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