NarkoTA

ETH/BTC Reversal

Long
NarkoTA Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
The graph of bitcoin to ethereum looks like a good setup, however i am very caution because of pump of bitcoin which could bleed the altcoin market substantially. I'm expecting a consolidation phase in bitcoin right now so this would give a-lot of time to grow for the price of ether.
- Enter at breakout (0.0345)
- First take profit at (0.06), Second take profit (0.07) if the price goes above these and you still hodl some; set stop-losses below the second take profit. Looking for 100% - 200% increases.
:D
Comment:
First target hit! now waiting for the second take profit at (0.07) and after that remember to set your stop losses below second take profit. :D
Trade closed: target reached:
All my targets got reached after a massive run, still have some ether left over im gonna hodl to grave

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.