Position: Long at 0.2710 ~ 0.2730 (Stop loss: 0.2630)
Reason:
O Strong breakout after Bull flag formation at 0.258 ~ 0.263 zone
O RSI at neckline after breakout from the descending triangle
O Volume spike up, indicating further increase
O Easy resistance at 0.27725 0.29339 0.30326, Strong resistance at 0.30548 (Calculated by Fibonacci retrace)
O Decrease in the BTC dominance (follow up by ETHBTC)
O Goal to 0.30326 (Next Fibonacci line)
If you have any other thoughts or ideas, feel free to post them below!!
Trade closed: target reached:
First Target Reached.
Comment:
Final short term target reached, CLOSE for Profit