MrC-CHF

ETH/USD - CA.2020.4.27-40

Long
MrC-CHF Updated   
BITMEX:ETHUSD   None
Momentum up. Demand waning though, as noted by potential rising wedge. Price above a major S/R level though, so we'll see if this and trend support holds. BTC has had 6 straight weeks of gains, so a pullback in broader crypto markets wouldn't be unexpected. Folks may be looking to take some profits and the overall covid-19 situation isn't over. If global markets start to crash again, this pullback scenario becomes way more likely.

Enter with Trailing Buy

TP 7.8%
SL 4.3%
RR 1.8x+

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