Ethereum(ETH) HUGE breakout in all timeframes. Extremely bullish
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BITMEX:ETHUSD
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ETHUSD made one of the strongest breakouts I've seen in recent times among the top 10 coins.
A very consistent break and in the daily chart volumes are being the largest since August 2018.
Recently we had a golden cross (50MA crossing up 200MA) and the price has been distancing itself from the 200MA demonstrating a huge buyer force coming in every day.
MACD and RSI are in very strong and consolidated in upward channels. Ichimoku cloud has already been passed and is currently with a large green cloud confirming the trend.
If you have not been able to pick up this movement since its inception, you can hunt for a good entry in a brief retracement, which can go long between $130 and $133 if the price reaches that range.
In timeframes 4h or less is nitied we are extremely overbought and the price should make a little correction in the next few hours / days.
The next targets for ETH are around $160 and $177.
Please leave your like and help grow our beautiful crypto community in tradingview!
ETHUSDETHUSDETHUSDETHUSDETHUSDETHUSDETHUSD made one of the strongest breakouts I've seen in recent times among the top 10 coins.
A very consistent break and in the daily chart volumes are being the largest since August 2018.
Recently we had a golden cross (50MA crossing up 200MA) and the price has been distancing itself from the 200MA demonstrating a huge buyer force coming in every day.
MACD and RSI are in very strong and consolidated in upward channels. Ichimoku cloud has already been passed and is currently with a large green cloud confirming the trend.
If you have not been able to pick up this movement since its inception, you can hunt for a good entry in a brief retracement, which can go long between $130 and $133 if the price reaches that range.
In timeframes 4h or less is nitied we are extremely overbought and the price should make a little correction in the next few hours / days.
The next targets for ETH are around $160 and $177.
Please leave your like and help grow our beautiful crypto community in tradingview!
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