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TradingClue
Aug 23, 2017 11:44 AM

ETHBTC 1H long Long

Ethereum / BitcoinBitfinex

Description

There is a bullish divergence of price vs. momentum on the 1H ETHBTC chart - shown as the UniDivergence buy signal.
Price might break through the (down-) trendline and move up to the resistance.

Comment


Looks like a new rising triangle is forming - I'll stick with my prediction - price will break out of the triangle and rise to the resistance line

Trade closed: target reached

Target hit as expected!
Comments
galus14436
It dropped lower than the analytical prediction, do we still have potential for lift off?
TradingClue
@galus14436, it is dropping lower but the profit target was already hit. No idea if it will go up again - the indicators I'm using don't provide any signals at the moment
KurtDiesel
Is it still valid .
KurtDiesel
TradingClue
@KurtDiesel, looks like the price is going up now a bit. There was a bullish divergence, so I would expect the price to go up further.
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