ETH/BTC short term trade. Two possible outcomes.

20 Mar 2018

A short term trade I am looking at. Place buy-orders with stop-loss below support line. At the same time place sell order (short position) below if using BitMex to cancel out long position, and open a short position instead. Short-position stop-loss just above the red line.

20 Mar 2018

Not

Forming a hammer (bullish reversal).