n0xTrader

ETH/BTC ANOTHER BULLISH PENNANT

Long
n0xTrader Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
I think my previous chart took wrong base point of gann fan, the best point is to pick real trend reversal point. I believe current pennant is just formed, it's little bit different since many people were expecting price to act similar way when hitting 0.0473 ath.

I think it will break up either up or down at 1-4 April. If it breaks up, target is 0.67 imo. However if down, first bottom my be near 0.034
Comment:
I think we are going down -
Comment:
Someone just now literally stopped downfall by putting ~2000 btc on bids which instantly reversed direction.
Trade active:
I consider this trade active, we are going back to pennant.
Another day in trading... :)
Comment:
Wider perspective analysis
Trade closed: stop reached
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