TradingOn

ETH/USDT 12H (Binance Fut.) Double rising wedge about to end

שורט
TradingOn מעודכן   
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Ethereum is at critical resistance here and I can see some bearish pattern forming.
There is still some place to grow up a little bit before dump that's why I'm using low leverage and large entry range.

Sell Entry= 193.62 - 200.00
Take Profit= 181.11 | 169.33 | 150.28
Stop Loss= 212.51

Risk/Reward= 1:1 | 1:1.75 | 1:2.96
Expected Profit= 23.94% | 41.88% | 70.92%
Possible Loss= -23.94%

Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 3x
עסקה פעילה:
2/3 entries filled.
הערה:
All entries filled now, broke the small wedge but still inside the bigger one. I had to redrew it a bit because one candle spike was out, still looking bearish to me, I'm holding Short position 🤞🏼
הערה:
Almost got stopped, I updated the stop to 217.67 making a R/R at 1:0.75 for first target.
ETH/BTC also went down, if keeps falling this would help, but that's now a riskier trade!
עסקה סגורה: הגיע לסטופ:
Btc didn't let it fall, better luck next time.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.