Eldtrades

ETHEREUM is in an ASCENDING TRIANGLE

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BITSTAMP:ETHUSD   以太坊
HIGH REWARD LOW RISK PLAY!

I love this asset. It has been outperforming other Altcoins even during bitcoin’s small corrections. This is definitely one of my long holds.

Caution: long the breakout or bottom of ascending triangle for max risk/reward

Reasons to long:
-Bullish convergence in the macd
-Hidden bullish divergence on the rsi
-near the bottom of ascending triangle
-strong uptrend
-ascending triangle
- out performing other alt coins
- 31% target from bottom of triangle
- small risk (stop loss under demand line of ascending triangle)

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THANKS FOR YOUR SUPPORT!

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