Mentioned day before yesterday that ETH/USD had formed a descending wedge bull flag with a target of 210-212. That happened like clockwork when the breakout confirmed the pattern. Also made note of resistance to be expected at 224 and... like someone reading a script, the strong move up halted at 224 and change.
Now it appears that 224 is where a new bull flag has formed (pink lines that are parallel). If this flag is 'flying at half mast' as many end up doing, ETH/USD ends up taking 224 out and heading for higher ground. This flag has already broken out and appears to have back tested as of 10:00 EDT.
Chart and analysis brought to you by... 0x521b495fc2D065787F21c5a2d6560e8dD141a4f4
Now it appears that 224 is where a new bull flag has formed (pink lines that are parallel). If this flag is 'flying at half mast' as many end up doing, ETH/USD ends up taking 224 out and heading for higher ground. This flag has already broken out and appears to have back tested as of 10:00 EDT.
Chart and analysis brought to you by... 0x521b495fc2D065787F21c5a2d6560e8dD141a4f4
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.
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.