thawkbid

ETH - Trade Plan

thawkbid Updated   
BITSTAMP:ETHUSD   Ethereum
Buyers are advised to wait for a bullish breakout of the accumulation triangle, and form a bullish pennant pattern and go long till the projected staff of the flag.

Sellers are advised to wait for a bearish breakout of the triangle, and formation of a ascending wedge pattern and go short till the projected price of base of the wedge.
Comment:
Considering the pattern is also a symmetric triangle, buyers can also close half of the trade at 1318

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