ForecastCity

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

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (740.0). 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 70.

Take Profits:
TP1= @ 788.0
TP2= @ 811.0
TP3= @ 842.0
TP4= @ 887.0
TP5= @ 962.0

SL= Break below S2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trade active: 54% profit...
Total Profit: 54%
Closed trade(s): 39% Profit
Open trade(s): 15% Profit

Update Details:

Closed Profit:
TP1 @ 788.00 touched at 01.03.2020 with 4% Profit.
TP2 @ 811.00 touched at 01.03.2020 with 7% Profit.
TP3 @ 842.00 touched at 01.03.2020 with 11% Profit.
TP4 @ 887.00 touched at 01.03.2020 with 17% Profit.
4% + 7% + 11% + 17% = 39%

Open Profit:
Profit for one trade is 872.20(current price) - 755.00(open price) = 15%
1 trade(s) still open, therefore total profit for open trade(s) is 15% x 1 = 15%
All SLs moved to Break-even point.

Take Profit:
TP5= @ 962.0
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Comments

RIGHT! It's a unique forecast. Cheers 👍
+2 Reply
@Kamryn, cheers 👍
+1 Reply
keep up professional charting 👌
+2 Reply
ForecastCity Josef_anderson
@Josef_anderson, Thanks 👍 we hope you enjoy it.
+1 Reply
Very comprehensive analysis. Keep up the good work.
+2 Reply
@Lizabet, Thank you for your comment. We appreciate it
+1 Reply
Nice setup. Thanks for your ideas
+2 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, You're very welcome!
We hope you enjoy it.
+1 Reply
what is s2 means?
+1 Reply
ForecastCity NoushafarinMoradi
@NoushafarinMoradi, S= Support

Support #2
+2 Reply