We are about to see an important movement in the next 2 weeks. Breakout will decide if we make new short term bullish or bearish wave. You can not predict too far in markets nowadays, stick to day trading styles if possible.
Before waiting for breakout of triangle, you can try buying ETH now, but you will have to risk 1:1 to get this trade done or wait 1 more day if it pulls down to ~1280 again, Stop loss at the previous low 1210 and Take profit around 1415. ~ 1:2 RR
This is not a financial advise - just an idea, do not trade what you can not afford to lose. Cryptocurrency markets are highly volatile and risky.
Before waiting for breakout of triangle, you can try buying ETH now, but you will have to risk 1:1 to get this trade done or wait 1 more day if it pulls down to ~1280 again, Stop loss at the previous low 1210 and Take profit around 1415. ~ 1:2 RR
This is not a financial advise - just an idea, do not trade what you can not afford to lose. Cryptocurrency markets are highly volatile and risky.
Trade active:
Trade closed: target reached:
Closed profit on last high price, 1395.
Comment:
It's still following this 1 month old idea perfectly. I do think it will make a correction and pull down soon just like it's drawn on the chart, but maybe less - just to around 1420 area and then try to go higher again.
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