ETH/BTC 1D (Binance Spot) Falling wedge on support

Nov 18, 2020

We are all waiting on Ethereum to make a move starting the AltSeason, so let's give it a try on that demand zone.

Current Price= 0.026380
Buy Entry= 0.026405 - 0.025185
Take Profit= 0.028592 | 0.030466 | 0.031872
Stop Loss= 0.024395

Risk/Reward= 1:2 | 1:3.34 | 1:4.34
Expected Profit= +10.84% | +18.11% | +23.56%
Possible Loss= -5.43%

Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1440h

Nov 20, 2020

Trade active

First entry filled and bounced, +4.18% so far

It seems like Ethereum got back its bullishness, road to first target now! 🤞🏼

Nov 23, 2020

Trade closed: target reached

TP3 hit with +21.34% (1x)

All targets reached in a few days, that was really accurate and fast!
Now trade is closed in nice profit, I'll let Ethereum breathe a little.
But since wedge and channel broke-out I will probably re-enter on a retest of those.