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#ETH Take Profit Stop Loss Let's assume you bought ETH at 2620 USD.
Let's continue using Percentage Based Determination (10% for profit, 5% for loss).
* Current Buy Price: 2620 USD
* Target Profit Rate: 10%
* Accepted Loss Rate: 5%
Calculations:
* Take Profit Price (TP): 2882
* Stop Loss Price (SL): 2489
Orders:
* Take Profit Order: Automatically sell when ETH price reaches 2882 USD.
* Stop Loss Order: Automatically sell when ETH price drops to 2489 USD.