So in my last idea, I rode the ETHBTC uptrend channel over the weekend. When resistance tested twice after the breakout, I thought we might be going higher.
Now we see a beautifully formed bullish pennant.
Most recent resistance level was back in July at 0.113670.
I'm going long and swinging for the fences on this one using MACD divergence as confirmation of the upward continuation.
Anyone wanna come along for the ride?
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So my pretty little pennant formed a full bull flag and broken out. It may not be a full breakout yet so wait for confirmation.
Entry: ).10790 TP: 0.113670 SL: 0.10567
Risk/Reward: 2.72
Good Luck
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We have confirmation of the uptrend continuation. Hope you got your entry in.
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Finally hit the target last night. Took a few days to pan out but hope you got in and made some satoshis!