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Long

ETHBTC oversold, time to rise again~

BITFINEX:ETHBTC   Ethereum / Bitcoin
If we pay attention to recent history of ETHBTC we can see that it respect very well the oscilators when its oversold. Now we have a light divergency on stoch rsi . I know it is not much or means nothing for most of you guys. But I encorage you to watch closely how ETHBTC behave when oversold and the oscilators tend to signal a near long status.

ETHBTC

Right now we have a nice pivot and fibo right were we spect a floor, and if you search for that price in the "Lv 2" of your trading provider, you will surely notice a huge limit buy right between those levels. Those are the profits for a lot of bears.
The area between the rectangles, are the areas where we can spect the confirmation and the red one where the "Good Bye - Kiss" should be.
I dont suggest to "BUY RIGHT NOW" I will wait till confirmation, maybe 2 bull candels, let the price take it time to give the bears their reward for holding short. Once they got what they want. Will be time for the horns! Let ETH rise~
Trade active: Ok I left a buy limit at 0.075 and another at 0.0745, 0.074, 0.0735 and a stop loss for the 4 limit buys, that were each of 25% of my usual trade volumen, at 0.0727. Why? because there were a LOT OF BUY LIMITS over my stoploss, if the bear managged for some reason to break the buys well ETH would hit around 0.066 easy, that is why I put my SL on 0.0727
Okay, now we are moving, we have the confirmation to buy and I suggest to put some buys with little care, and little by little start to buy big. We have a loooot of oscilation to cover. Lets pump Eth up!
Trade active: First breath. I took half of my position at 0.0773
Trade active: I hate to be right sometimes, the price is kissing the resistance!
Trade closed: stop reached: God damn it chinese ico seriusly
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