peacefulCode93626

Possible Eth breakout (bullish leverage oppurtunity)

Long
BITSTAMP:ETHUSD   Ethereum
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
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.