MelissaWaters

ETH Breakout!

Long
MelissaWaters Aktualisiert   
BITFINEX:ETHUSD   Ethereum
Ethereum Break out, 4hr chart
ETHUSD

Purple Rising wedge has formed and ETH broke out of the wedge to the upside
Measured move would be $700

Leverage is a possibility, decide for your own

Buy: $610 - $630
Sell: $690 - $700

Stop Loss:

I would recommend to place sell order at $690 level since it might retrace before after measured move and there is a possibility the target is missed by only a few dollars.

Estimated Duration: 3 June 2018 - 9 June 2018

Note: Please let me know if you have any ideas to add or tips for me, I'm new to TA




Trade ist aktiv:
^
Measured move is lower, small mistake in TA here above |
ETHUSD |

Put Sell orders : $ 680 - $688
Stop Loss which is forgot to mention is : $ 590
The move will probably be made till 9 June 2018 which is 6 days from now
Sorry for the mistake!
Kommentar:
Better view :

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