This is what our trade for ETH looks like.
ETH/USDT
We are laddering some orders for ETH as it has made a new higher high and this area it is coming down should act as proper support.
Pros for this trade:
ETH is once again looking bullish and can find proper support here at this level it is coming down to.
Cons for this trade:
If this support does not hold and ETH slips through we will be stopped out of our trade.
This is what our trade will look like.
Risk Rating: 7/10
LONG 10x
Entries: 1665
1656
1648
Stop Loss: 1623 (-20%) If all entries are met, SL will change otherwise.
Target 1: 1689 (+20%) If all entries are met, T1 will change otherwise.
NOTES:
We are looking for a proper move to the upside and hopefully for the price not to come and retest this level again. Please follow proper position sizing and risk management.
Line Colour Code:
Y: Entry Prices
G: Target 1
R: Stop Loss
We are laddering some orders for ETH as it has made a new higher high and this area it is coming down should act as proper support.
Pros for this trade:
ETH is once again looking bullish and can find proper support here at this level it is coming down to.
Cons for this trade:
If this support does not hold and ETH slips through we will be stopped out of our trade.
This is what our trade will look like.
Risk Rating: 7/10
LONG 10x
Entries: 1665
1656
1648
Stop Loss: 1623 (-20%) If all entries are met, SL will change otherwise.
Target 1: 1689 (+20%) If all entries are met, T1 will change otherwise.
NOTES:
We are looking for a proper move to the upside and hopefully for the price not to come and retest this level again. Please follow proper position sizing and risk management.
Line Colour Code:
Y: Entry Prices
G: Target 1
R: Stop Loss