ETHUSD Downtrend Breakout!/Trading Plan
BYBIT:ETHUSD
4H trend chart
Long:
1)Vegas tunnel_576/676 had a support for price
2)Price rally Fib(0.382) level
3) Breaks out downtrend line
4) Breaks out 12ema
But should note the above downtrend resistance.
Profit Targets:
a) 4037-----Fib(1)
b) 4550~4758-----Fib(1.272~1.382)
Stop losses:
a) 2642-----previous lows
4H trend chart
Long:
1)Vegas tunnel_576/676 had a support for price
2)Price rally Fib(0.382) level
3) Breaks out downtrend line
4) Breaks out 12ema
But should note the above downtrend resistance.
Profit Targets:
a) 4037-----Fib(1)
b) 4550~4758-----Fib(1.272~1.382)
Stop losses:
a) 2642-----previous lows
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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