RichardDavisFX

ETH - Ascending triangle / ''Sleeping Giant''

Long
RichardDavisFX Updated   
BINANCE:ETHUSD   Ethereum
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Today we are here to talk about ETH (Ethereum). You clearly see when looking at my ''Idea'' of ETH, that there is an Ascending triangle, this could bring a big uptrend and big profits to all us investors. BTC has already broken the all-time high and is heading up, of course with some correction, but we are here to talk about ETH. ETH hasn't yet reached the all-time high, the project is big, and also on ETH depends a lot of other currencies, it has been one of TOP crypto for years. In my opinion - it is only a matter of time when we reach an all-time high and break it. I have made this chart for You, to see that we could get a 17% profit with such a low risk. In my case, I will still keep ETH even if it goes past this 17% profit level, this year could be absolutely fantastic for ETH, also nothing is guaranteed. For this trade, the risk/reward ratio is approximately 5:1. So You always have a decision to make, either way, 17% profit is great.
I wish You an awesome New Year, lot's of love, and of course, stay healthy!

Entry price: @1105
Take profit: @1299
Stop Loss: @1068

Remember to use money, You can afford to lose!
I am not a "Financial advisor", so before doing something, do Your own research!

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Thank you and have an awesome day.
See You soon,
Richard Davis.
Trade closed manually:
It reached our Take profit, Entry point wasnt fully reached, but still went in close to it! If You want to see more of My trades, press follow!
Have a nice day!
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