PorsTrade

ETH found support on the big symmetric triangle?

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PorsTrade Cập nhật   
BINANCE:ETHBTC   Ethereum / Bitcoin
Hi there.

I think eth\btc can be a good trade here now.

We see that eth have clearly formed a symmetric triangle over the past 6 months and that we now found support in the bottom again, I think therefore it may be wise to accumulate eth now with a stop limit trigger close in case we get a breakout wrong way.

As you can see, eth has only hit 100bb support 2 times earlier in the daily chart, this is the third time we hit hit. Historically, we have always had a nice run after reaching this support line.

The first trade target is about 10% to the purpel line. Now lets see how this trade will turn out, wish all good luck if you are into this trade from before or will join it.

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Stop reach on 2% loss

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