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

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
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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