Asma7assan

ETH/BTC -Weekly swing trade

BINANCE:ETHBTC   Ethereum / Bitcoin
This looks very juicy, symmetrical triangle formation, break bull could lead us to a bull continuation. Very very unlikely we break the triangle bearish.

Targets as suggested on the chart

Hold until 0.040 satoshi for a nice 50% profit...when we do reach that target we might need to sell and wait for consolidation (test of support) or just set a stop loss once level is reached and you fear going under.
This is a mid term swing trade, alot of patience is required with these swing trades but honestly the profits you gain are always huge! (gives you time to get away from staring at the charts every 15 mins)

**Will keep you updated on support and resistance levels**
**Remember with trading we need to adapt to change of situation, charts analysis may need to change but I will keep it updated**

Check my other analysis for ETH/USD

JOIN ME ON TELEGRAM t.me/AZtrades
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.