vcm11

Pendant - tight range - Above 20ma & higher highs - LONG -

Long
vcm11 Updated   
BITFINEX:ETHUSD   Ethereum
I like the chart setup at moment with a pendant/triangle pattern, tight range with an emminent break as 50ma is closeby but we are holding the 20ma very well.
We are also above the 50% retrace, some altcoins are moving today and will expect some movement here this weekend.

Entry: $469
Stop loss: $464
Exit: $480-$500
Trade closed: stop reached
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