MattieDsCryptoLounge

ETHUSDT 1H long; Adam&Eve, Ascending Triangle and falling wedge

Long
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
TA Explained
ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout:
Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems.
And finally we got this Adam&Eve reversal pattern.
So all together we got some bullish signs here. Lets try to get in on a retest of the broken resistance area

Trade setup
Best entries: 1087.77 - 1136.82
TP1: 1226.27
TP2: 1305.73
TP3: 1505.09
SL: 1037.22
RR: 5.25
Max leverage: 3

—————

Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)

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.