ETH ready to breakout? Bulls are ready
So, let's see how we can play with our little position of early June.
Entered at 215e.
Targets:
- TP1 at 260e
- TP2 at 285e
- TP3 at 300e
Volume is low lately, but I really don't think we have seen the ethereum dragon wake up yet.
Stoch RSI in daily is overbought indeed, however take a look at the exact same situation one month ago. We had two little pumps in this area (80-100) before a big red candle when we hit the resistance (upper part of the arising chanel, in red). Same happened at the end of February 2019.
To conclude: given the current volume in ETH, I don't think that we will break the arising chanel by the top soon.More likely than a direct explosion of the resistance (red area), we might grind it in the coming weeks, little pumps by pumps.
Entered at 215e.
Targets:
- TP1 at 260e
- TP2 at 285e
- TP3 at 300e
Volume is low lately, but I really don't think we have seen the ethereum dragon wake up yet.
Stoch RSI in daily is overbought indeed, however take a look at the exact same situation one month ago. We had two little pumps in this area (80-100) before a big red candle when we hit the resistance (upper part of the arising chanel, in red). Same happened at the end of February 2019.
To conclude: given the current volume in ETH, I don't think that we will break the arising chanel by the top soon.More likely than a direct explosion of the resistance (red area), we might grind it in the coming weeks, little pumps by pumps.
Nota
We had two little pumps in this area*Dagangan aktif
TP1 at 260e HIT !!Nota
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.