majorlee

[BTFD] ETH/USD - [LONG] Trade Analysis 6th Nov 2017

Long
majorlee Updated   
BITFINEX:ETHUSD   Ethereum
ETH/USD Bitfinex opening with a down gap below the developing trend and 200 SMA on both Daily and 4H Timeframes.

Potentially more sideways price action today, coiling inside of the triangle for a breakout.

Levels to watch:

Fib 0.5% level: $272

Psychological level: $300

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Trade active:
lower trend still holding, might have got top trend line in a bit early

ETH looks a serious buy now

take a look at a friends chart for better TA


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