XCP Bullish Pennant Bottom Entry

30 Mar 2017

Not a ton of upside here for the short term selloff, mainly looking for a longer term entry hoping to see a break as the 20ema gets closer to the resistance at 360. Probably will sell off a third of my position and reset my stoploss when it hits the top of the wedge but I dont think the risk reward is good enough to take much of it there.

31 Mar 2017

Not

Looks like we broke out of the top end reaching our resistance level. Honestly with how nuts these alts are going I think im just going to be greedy and hold my entire position here instead of taking 10% on a portion but I think theres a fair chance that we dip back and at the very least retest the 345-350 area