ETH/BTC ANOTHER BULLISH PENNANT
I think my previous chart took wrong base point of gann fan, the best point is to pick real trend reversal point. I believe current pennant is just formed, it's little bit different since many people were expecting price to act similar way when hitting 0.0473 ath.
I think it will break up either up or down at 1-4 April. If it breaks up, target is 0.67 imo. However if down, first bottom my be near 0.034
I think it will break up either up or down at 1-4 April. If it breaks up, target is 0.67 imo. However if down, first bottom my be near 0.034
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I think we are going down - 
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Someone just now literally stopped downfall by putting ~2000 btc on bids which instantly reversed direction.Trade active
I consider this trade active, we are going back to pennant.Another day in trading... :)
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Wider perspective analysis
Trade closed: stop reached
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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.