ETH Long, Bottom of Channel, CCI Cross, TSI Divergence

ETH ETHUSDT.P Has been getting hammered recently with "FTX Wallet Drainer" dumping his ETH, in my opinion now is a good time to enter a small position
based on the following factors:

- ETH has touched the bottom of a descending wedge (bullish) I built my position at the point where the arrow is pointing
- CCI has crossed the -100 mark, signaling it is coming out of the oversold range
- TSI is curving back towards a bullish crossing
- Bullish Volume

Recommended Trade entry/exits

Entry: 1130-1135
Stop Loss: below 1100
Take Profit 1: 1150
Take Profit 2: 1174
Take Profit 3: 1200
Take Profit 4: If it reaches above TP3 I am going to move my stop loss to TP2 and let it ride out

Thank you for taking time out of your day to check out my idea. Happy trading!

コメント:

Got stopped out, sorry if you followed. Guess the FTX Accounts Drainer has some unforseen plans :(