sammc

ETH/USD - BULL FLAG MEETS CUP HANDLE

Long
sammc Updated   
BITFINEX:ETHUSD   Ethereum
15min chart, you can see a cup formation beginning from 20-24 March, with the handle forming from 13/14 April, coinciding with a current high and tight bull flag.

Entering 1/2 of your buy trade should be considered when price breaks out from the flag by 1-2%, coupled with a 1-2% stop loss and entering full trade when breakout above 527 (530+).

Lead SMA to continue S-Curve
Comment:
Just as I was posting the price has tested above flag, let's wait and see what happens!
Comment:
Looks like it's just a cup and handle, enter 1/2 trade above 530 and 2/2 when above 540.
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