Short term target will be hit very soon. Going with no stop here.
Pair : ZEN/BTC
Entry : 1300—1340
Stoploss : None
Targets (short tf) : 1799 (30%), 2520 (40%)
Targets (long tf) : 3699 (30%)
Investment : 10-20% or as per personal risk appetite.
follow @tychelab on telegram for frequent support on calls.
Not too much to say here. A non-leveraged trade on ETH/USD pair after looking at these bearish signs. We believe that it's going downtown harder this time.
A short between 170-175$ with stop above 195$.
Targets will be 150-130-110-90$.
The next volume break should be a Bearish one let's see.
In the long run we should remain Bullish for our top crypto investments.
So here's the latest update on Bitcoin from tychelab.com
As mentioned in the previous update, we did reached the 4.8-5k region (even overshoot our targets) with the reasonings given by us properly. Hope you liked that update and got an insight of how market makers mould this market.
Coming back to the current situation, we believe that it's going downtown from...