BitcornBen

ETHEREUM trade signal (7% gain)

Long
BITMEX:ETHUSD   None
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Trade Idea: Ethererum broke out of a strong resistance zone hoping to catching a wick down before further continuation upwards

Reasons for trade:
1: Broke strong resistance zone
2: Sitting above 2H 200EMA hoping for a bounce there
3: No bearish Divergence present so this is unlikely to be a top

Trade confidence: 7/10

RR: 5.59

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