Possible Eth breakout (bullish leverage oppurtunity)
Ethereum's price volatility has gone from big to small since Covid19 in March. Eth is trading in a tight range with a short-term channel and mid-term and long-term funnels. Buy long @ $387, set a stop loss at lower blue line $377. Cash-out point is the top gold line $555.
With 5x leverage trade carries a return to risk ratio of 14.185: Trade has to be successful only 1 in 14 tries for PROFIT.
Also 1 yr ETH/BTC dominance chart is @ RSI 27 signaling ETH to outperform BTC aiding to likely-hood of ETH run here and BTC is in a historic bull-market.
Shout-out CryptoSniper
ETHUSD
With 5x leverage trade carries a return to risk ratio of 14.185: Trade has to be successful only 1 in 14 tries for PROFIT.
Also 1 yr ETH/BTC dominance chart is @ RSI 27 signaling ETH to outperform BTC aiding to likely-hood of ETH run here and BTC is in a historic bull-market.
Shout-out CryptoSniper
ETHUSD
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