TradingOn

$ETH/BTC 1h (Binance Spot) Ascending wedge on support

Long
TradingOn Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
Ethereum is looking for a bounce in satoshis after a lest leg down in my opinion.

Current Price= 0.037609
Buy Entry= 0.037242 - 0.036642
Take Profit= 0.038342 | 0.039678 | 0.040654
Stop Loss= 0.035542

Risk/Reward= 1:1 | 1:1.95 | 1:2.65
Expected Profit= +3.79% | +7.41% | +10.05%
Possible Loss= -3.79%

Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 120h
Trade closed: stop reached:
SL was hunted with -3.79% (1x) and -1R

Ethereum faked-out to the downside then went up to first target after all.
Now seems to be forming a bullish flag, watch for breakout!


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