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ETHUSD - Breakout trade: Trend continuation
Ethereum
Long
ETHUSD - Breakout trade: Trend continuation
By HolRiz
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Updated
Feb 28
1
5
Feb 25
Go Long here @ $3034, TP: $3291 (next resistance), SL: $2901 (previous pivot low).
Breakout occurred above from ascending triangle pattern resistance. In uptrend (price higher than 250MA). Trend continuation trade.
2:1 R.R. 3-5% of fund risked.
Sells placed for 50% at 1:1.
Move stops if new pivot lows form. 60% win probability estimated (maybe higher looks bullish).
ETHUSD
ETHUSDT
Feb 25
Trade active
Breakout confirmed. Retested resistance turned support at $3033. Trade active.
Feb 28
Trade closed: target reached
🎯 Smashed targets sold 50%, trailing stop now at $3,233.
Trend Analysis
HolRiz
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