ForecastCity

Don't miss the great buy opportunity in ETHBTC

Long
BITFINEX:ETHBTC   Ethereum / Bitcoin
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.02335). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. ETHBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 72.

Take Profits:
TP1= @ 0.02470
TP2= @ 0.02590
TP3= @ 0.02767

SL= Break below S2
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Comments

Great analysis buddy
+3 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks. we hope you find it helpful on your own trades.
+2 Reply
Great analysis, keep up the great work!
+2 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thanks. we hope you find it helpful.
Reply
nice chart and Analysis
+2 Reply
ForecastCity Shiva_forex
@Shiva_forex, Thanks. we hope you find it useful.
+4 Reply
Thanks for sharsing your ideas
+1 Reply
ForecastCity raselagr127
@raselagr127, you're welcome. we hope you enjoy it.
Reply
For now I am short first, but in the longterm I definitely agree with you analysis.

This is how I charted it:
+1 Reply
ForecastCity Trading-Guru
@Trading-Guru, Thanks for sharing your idea here.
Reply
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