ETH to drop hard?
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Ethereum broke down this triangle📐 and I think there is chance for run to 973 and even lower. Setting SELL LIMIT order to previous range low @ 1233 to catch🎣 the pullback. The low @ 1172 is going to be critical, bulls do need to defend this level if they want to spoil the bears' party.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Ethereum broke down this triangle📐 and I think there is chance for run to 973 and even lower. Setting SELL LIMIT order to previous range low @ 1233 to catch🎣 the pullback. The low @ 1172 is going to be critical, bulls do need to defend this level if they want to spoil the bears' party.
- ENTRY: 1233
- STOPLOSS (SL): 1292
- TARGET (TP): height of the triangle projected from midpoint of the previous range (pink line in the middle) @ 973
- REWARD RISK RATIO (RRR): 4.4
- INVALIDATION: when STOPLOSS level hit
Check my other stuff in related ideas.
Please boost🚀, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
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SELL LIMIT Order filled ✔️ Check the precisionملاحظة
Trade going well. The grey uptrendline and key support taken out. I think we could go back up to backtest the key support, which should now act resistance in fact. Range low would be last hurdle on the way to target. أغلقت الصفقة: تم الوصول لوقف الخسارة
Stoploss hit 🛑ETH didn't make it to the target, actually it broke all the downtrendlines and reached the invalidation point.
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