ETHUSDT 1H long; Adam&Eve, Ascending Triangle and falling wedge
TA Explained
ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout:
Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems.
And finally we got this Adam&Eve reversal pattern.
So all together we got some bullish signs here. Lets try to get in on a retest of the broken resistance area
Trade setup
Best entries: 1087.77 - 1136.82
TP1: 1226.27
TP2: 1305.73
TP3: 1505.09
SL: 1037.22
RR: 5.25
Max leverage: 3
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout:
Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems.
And finally we got this Adam&Eve reversal pattern.
So all together we got some bullish signs here. Lets try to get in on a retest of the broken resistance area
Trade setup
Best entries: 1087.77 - 1136.82
TP1: 1226.27
TP2: 1305.73
TP3: 1505.09
SL: 1037.22
RR: 5.25
Max leverage: 3
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.