ForecastCity

💡 Don't miss the great buy opportunity in Ethereum/TetherUS

Long
ForecastCity Updated   
BINANCE:ETHUSDT   Ethereum / TetherUS
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1059.2). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. Ethereum/TetherUS ETHUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.

Take Profits:
TP1= @ 1190.0
TP2= @ 1262.2
TP3= @ 1335.4
TP4= @ 1440.6
TP5= @ 1500.0

SL= Break below S2

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Trade active:
50% pips profit...
Total Profit: 50%
Closed trade(s): 20% Profit
Open trade(s): 30% Profit

Update Details:

Closed Profit:
TP1 @ 1190.0 touched at 01.08.2021 with 7% Profit.
TP2 @ 1262.2 touched at 01.08.2021 with 13% Profit.
7% + 13% = 20%

Open Profit:
Profit for one trade is 1222.40(current price) - 1111.40(open price) = 10%
3 trade(s) still open, therefore total profit for open trade(s) is 10 x 3 = 30%
All SLs moved to Break-even point.

Take Profit:
TP3= @ 1335.4
TP4= @ 1440.6
TP5= @ 1500.0

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