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  Solid looking ETH growth, opening LONG

pekobites
ETH:USD Has shown pretty good growth in recent days, as a TOP 5 Coin its price it's extremely correlated with BTC and very fast to react to BTC price changes.

Right now ETH is looking quite solid after completing a MA cross and maintain it's level, there is plenty of room for an upward swing if BTC continues the current trend.

Opening Long position at 141, stop Loss at 136.90 and Target at 158.
The stop loss is just below the body of the candle of March 29, and the target is just at the top the real body of the candle of March 24.

Maintaining a Risk/Reward ratio of 3.45.




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