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Arnaudcrypto
Oct 30, 2018 11:37 AM

Mid-term Reco : BQX/BTC Long

Description

Mid-term recommendations: BQX/BTC

ETHOS has recently reached a low point around 4430 Satoshis and is currently forming a cup configuration with a hanse that has yet to be confirmed. The prices are now in what should be the bottom of the hip.
From an indicator point of view, the WaveTrends has already crossed up below the -50 level, which is generally a good signal while the MACD has not yet crossed but shows signs of future reversals.
The strategy is therefore to buy as close as possible to the current price level, in a range between 5420 and 5800 in order to target 6870 initially, 8280 thereafter and 10236 in extension.

Summary of the strategy

Buy: between 5400 and 5800
T1: 6870
T2: 8280
T3: 10236
Stop: 5120
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