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02/20 - Trade analysis of ETHUSDT.P

Market Summary


Market Regime

  • Risk Mode: RISK-ON
  • Volatility: MODERATE
  • Liquidity: ABUNDANT
  • Money Flow: ENTERING crypto markets

Pattern Fit

GOOD

Key Risks

  • Potential for increased market volatility
  • Correlation risk with traditional risk assets
  • Breakout failures and fakeouts due to reduced momentum

Pattern Analysis

  • Pattern Type: Rising Wedge (Contracting)
  • Strength Score: MODERATE
  • Market Regime Alignment Score: GOOD

Trade Decision

  • Confidence Score: 8
  • Did Enter: true
  • Trade Direction: LONG

Trade Parameters

  • Entry Range: $2,730 - $2,750
  • Stop Loss: $2,700
  • Take Profit Target 1: $2,780
  • Take Profit Target 2: $2,820
  • Risk Reward Ratio: 1:2

Ongoing Monitoring


Invalidation Conditions

  • Breakdown of the Ascending Triangle pattern
  • Significant volume drop indicating loss of momentum

Key Confirmations

  • Breakout volume surge
  • EMA (20/50) retest and hold
  • Continuation of the bullish market regime

Adjustments Based On Real Time Data

  • Monitor for any regime shifts or pattern invalidation signals