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CryptoRomaniaTD
Oct 15, 2018 7:25 PM

ETHBTC LONG Short

Ethereum / BitcoinBinance

Description

BINANCE:ETHBTC is situated into a Bear Pennant which is bearish
We have a very strong resistence Ichimoku Cloud) and also if you zoom a little bit this chart you can see a Bearflag into this Bear Pennant so the downtrend will confirmed
Cboe futures will expire in 16-17 october which will result into BTC dump and altcoins will follow
ETHBTC target is ~0.00275 btc for a Double Bottom
After we can see a nice breakout becouse the ichimoku will be less/thin and also double bottom is a reversal pattern

Trade active

ETHBTC SHORT in title not long,sorry for this.
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