ETH_USDT : moving into wedge , breakout cause a bounce

8. Dez. 2020

ETHUSDT
Hello everyone 😃

ETH formed a Wedge just like BTC and it's trying to break it.
MACD had a bullish crossover and Stochastic RSI is bullish now, Also EMA 200 is supporting movement very well.
On last candle we had a break on EMA 100 and current candle is holding above it.

There is 2 scenario for Bulls :
1️⃣ take long after confirmation for breakout on Wedge's top ( you can enter on a retest above top )
2️⃣ take long after confirmation for pullback on Wedge's bottom ( you can enter on a retest above bottom )

🔴 Don't forget to set SL on this high volatility market !

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades

9. Dez. 2020

Trade geschlossen: Stop wurde erreicht

It just touched our SL