jesus360

ETH/BTC possibly just hit bottom and it may going up!

Long
jesus360 Updated   
BITFINEX:ETHBTC   Ethereum / Bitcoin
ETH/BTC is forming a descending triangle, with a strong support at 0.02x zone, and soon the price can break it and maybe going up, why? Because now BTC is going up and up (for some days) but soon BTC/USD can be SOOO overbought, and a lot of traders may sell it for USD (for taking profits) or Alts (because now they're so cheap), and ETH is our first choice.

So, this is my trading plan (mid term, like 1 to 6 months):
LONG, entry at 0.026, margin 2x
With a tight stop at 0.024
1st target: 0.04
2nd target: 0.06
3rd target: 0.08
4th target: 0.1

Sorry for my bad english, is not my native language, but I try my best. Regards!
Trade active:
I was moving my stops while the price was going up, and unfortunately I took profits at 0.0324, HAVING A 48% PROFIT (because of the leverage, 24% without it) IN JUST 6 DAYS! (It was a good trade, but I really wanted to last long that trade, my bad was moving my stop-loss so near to the price).

I think we are in a little retracement time, but I'm filling my bags again and re-enter, to finally reach my targets listed above.

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