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MattieDsCryptoLounge

ETHUSDT 1H long; Adam&Eve, Ascending Triangle and falling wedge

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Ethereum / TetherUS PERPETUAL CONTRACT (BINANCE:ETHUSDT.P)  
MattieDsCryptoLounge  
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
Wedge Triangle ETHUSD ETHUSDT ETHUSDTPERP ethusdtlong Falling Wedge Ascending Triangle ADAM-EVE adamandeve
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wedgepattern triangle ethusd ethusdt ethusdtperp ethusdtlong fallingwedge ascendingtriangle adam-eve adamandeve
TA Explained
ETH looking really bullish atm. let me show you. First of all we have a falling broadening wedge breakout:
snapshot

Second we have an ascending triangle which indicates a trend reversal. A trend which wasnt really a trend of course more like a pullback/correction it seems.
snapshot

And finally we got this Adam&Eve reversal pattern.
snapshot

So all together we got some bullish signs here. Lets try to get in on a retest of the broken resistance area

Trade setup
Best entries: 1087.77 - 1136.82
TP1: 1226.27
TP2: 1305.73
TP3: 1505.09
SL: 1037.22
RR: 5.25
Max leverage: 3

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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.