Ethereum (ETH) formed big Cypher for upto 153.5% bullish move
تم تحديثه
Hi dear patrons, hope you are well and welcome to the new update on Ethereum coin.
Previously we had a nice short-term trade of Eth:
Now during the current crash, on the weekly time frame chart, ETH has bullish harmonic Cypher pattern for a big bullish reversal move. Right now after completing the final leg it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
There is also 100 simple moving average support in the buying zone. I am expecting that 100 SMA will move up further to provide firm support to the priceline inside the buying zone.
Buy between: $2382 to $1706
Sell between: $3316 to $4330
Stop loss:
Below: $1706.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 153.5%, and the high loss possibility is 29%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we had a nice short-term trade of Eth:
Now during the current crash, on the weekly time frame chart, ETH has bullish harmonic Cypher pattern for a big bullish reversal move. Right now after completing the final leg it is moved slightly up, therefore, we can wait for the candlesticks to re-enter the buying zone.
There is also 100 simple moving average support in the buying zone. I am expecting that 100 SMA will move up further to provide firm support to the priceline inside the buying zone.
Buy between: $2382 to $1706
Sell between: $3316 to $4330
Stop loss:
Below: $1706.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 153.5%, and the high loss possibility is 29%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
أغلقت الصفقة: تم الوصول للهدف
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.