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

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BINANCE:ETHBTC   Ethereum / Bitcoin
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
İşlem aktif:
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.

İşlem kapandı: hedefe ulaştı:
🎯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!

İşlem kapandı: hedefe ulaştı:
TP2 reached with +97.79% (1x) and +3.52R

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


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.