ETHERIUM - Buy Opportunity - 44% ROI - 6.5:1 Risk/Reward

Reasons to buy on a breakout from the consolidation zone:

• Valid break-out pattern with a clear consolidation zone (squeeze)
  
• Steady accumulation and increase in volume
  
• Smaller time-frame breakout patterns to the upside have hit target (trend continuation)
  
• High return on investment (44%) with 6.5:1 risk/reward
  

Please leave a comment and a like if you agree with this analysis.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

Kommentera:

Wait for the retracement to complete before adding more to position

Kommentera:

Next target:

Kommentera:

Moved stops to BE for a free trade