FiboWhale

ETHUSD - Again ...

BYBIT:ETHUSD   None
! No financial advice !

It seems that the Dump to 2600-2500 won't be happening like right now.. so I would expecting a little pullback to enter a long.

#ETH/USD

Entry :3362- 3333 - 3283
- Fib confluences + order block + possible bottom of ascending triangle => Check volume to confirm

Targets : 3488 (40%) - 3678 (40%) - 3827 (20%)
- Targets based on local resistence / negative and fib extensions.


Stoploss : 3233 (only on 4Hcandle close ! it can wick down all the way to Monthly Vwap and bounce from there. I personally would be longing there again.
- Leverage: 3x
- Risk: 1% of your account.
- Potential Risk Reward Ratio: 4.45
- Move SL to Breakeven after hitting TP1
- Estimated time: Week 18/19-2021

Disclaimer: I am already long on ETH from way back then....

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