robbiegrass
Panjang

ETHUSD looking to continue upward breakout further

BITFINEX:ETHUSD   Ethereum / Dolar
ETH is currently forming another pennant indicating a possible continuation after the breakout that occured earlier.
Ethereum             has been in a state of consolidation for a while and is looking to gain terrain once again after the rise of coins like LTC, STR             and XRP
Targets and stop loss indicated in the chart.

Buy above 860 USD if strong break with good volume
Target 1 (950 USD) and target 2 (1048 USD) are more likely to occur.
I am selling 1/3rd of my position at each of these target points, while using a trailing stop/loss to the target point once it passes that.
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