ETHO fib buy setup with analysis based on MACD and EWO

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ETHO still gives a good possibilities to enter the market while showing great price upward movement. Based on indicators, soon there must be a point of convergence for MACD, EWO reaching it's downward peak and fib shows us what to expect in terms of price growth. We could reasonably expect ETHO to go as high as 13 cents, but with all risks included I've made this more safe-oriented buy setup:

buy setup: 0.1035 - 0.1045
TP: 0.1220
SL: 0.0970

Penafian

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