CoinMajesty
Panjang

ETH - Ready to Blow Up

POLONIEX:ETHBTC   Ethereum / Bitcoin
After a peak on June 20th, ETH has been in a downtrend for a while. Bitcoin             stole the show in the previous months and Ethereum             has not really had the change to shine. But things might be about to change. I believe that Ethereum             has found a bottom now and it will break up from the descending channel with a vertical shape. Once it does so, it will break likely upwards from the bigger downtrend channel with a more horizontal shape, to then blow up to the given targets.

Entry: 0.046 if the downtrend channel breaks up.

TP1: 0.062.
TP2: 0.086.
TP3: 0.116.
TP4: 0.1335.

Stop-loss: 0.038.

Good luck :)
Awesome- woo-hoo.. breaking rule number 1 of trading... seeking confirmation of trade.
However did identify the inverted h&s and neckline breach indicating a reversal. thanks for the targets..
I wish you tremendous profits.
Balas
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