BoTo

#0001. ETHUSD. Long. 2 wedges.

Long
BoTo Updated   
BITFINEX:ETHUSD   Ethereum
Two different wedges are well visible on graphics. The upper bound of a big bull wedge is where the upper bound of a small bull wedge in the same place. We think that the price will be near the lower bounds of these wedges. $176 and $142 are favorable price levels for opening of long positions.

We are group of traders which have created this new profile today. It costs your like?
Trade active:
We have opened a long position on the desirable price. Soon, in several days, we will make the decision on what price we agree to close our long position. The price of a market bottom will be influenced our decision. Now the price of a market bottom isn't known to us yet, it is necessary to wait.

Now 18:36 UTC 11 Sep 2018

Trade active:
We have decided to sell at the price of $262. Bears now very aggressive. Therefore we don't want to have a long-term long position.

Now 13:40 UTC 13 Sep 2018

Trade active:
It is Cardano. Here everything is very similar. But Vitalik's rocket already in the sky. And at this coin here 9...8...7...

Trade active:
Cardano

Trade active:
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.