ETH/USDT 8H (Binance Fut.) Possible bullflag forming

25 May 2020

Ethereum is forming a bullflag and looks like it will continue the uptrend according to his dominance: ETH.D
I won't create it in Prediction Coins bot (Pcbot) to avoid too much exposure for my Futures copy traders.
But I'm operating it manually, so I thought I could share it to you guys anyway!

Current Price= 205.31
Buy Entry= 204.78 - 198.70
Take Profit= 216.17 | 227.30 | 241.44
Stop Loss= 187.31

Risk/Reward= 1:1 | 1:1.77 | 1:2.75
Expected Profit= 21.45% | 38.01% | 59.07%
Possible Loss= -21.45%

Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 360h

26 May 2020

İşlem aktif

2/3 entries filled.

28 May 2020

Not

ETH/USDT 8H: All entries were filled then bounced as expected, currently in nice profit (+18.06%), I hope you held.
Now facing parallel channel resistance, in case of rejection, better take some profit, but if breaks out, be prepared for every target!

29 May 2020

İşlem kapandı: hedefe ulaştı

TP1 more than reached with at least +21.45% (3x).
Channel broke-out and price went higher, 2nd target was missed by 2.3 dollars, still valid in my opinion.
But better get some profit now and hold the rest with SL at entry or near.

30 May 2020

İşlem kapandı: hedefe ulaştı

TP2 reached with +38.01% (3x) and last target almost hit, still valid by the way.

1 Haz 2020

İşlem kapandı: hedefe ulaştı

TP3 reached with +59.07% (3x), so accurate again as you can see and even faster than expected.
I already took profit and will keep an eye on it for another possible entry.