ETHUSD Ascending Triangle Breaking Out - Good Long Opportunity

BTC broke out yesterday and now ETH is showing strength. In the run of 2020 ETH was the leader of the movement (ETHBTC rising), but this time BTC broke out earlier. So usually I'm betting on the stronger USD pair, but it's not clear yet if ETH or BTC will be stronger. ETHBTC went sideways for the past 7 days and didn't look strong, but managed to pump within the last two 4-hour candles. That means ETHUSD is catching up, while BTC is resting.

I'm long since 231 but increased my position at 236. Will take profits at 245-255. Current SL is 226.

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Already at 240, looks promising so far

Comentário:

We are entering the first Take-Profit-Zone. I took some off and raised SL

Trade fechado: objetivo atingido:

Closing here at 250, don't like the current 4h price action.

Will look for other entries!