The 1hr tf chart of Ethereum (ETHUSD) as shown here captures the market action for Ethereum (ETHUSD) ever since price bottomed at ~ $511.64 on May 28, 2018.
The pink line is derived as a vertical projection of the top line (red) of the bullish channel. Further break to the upside past target 2 as shown on the chart could see Ethereum (ETHUSD) target the upper region of the pink line at ~$736.80.
Target 2 is based on price returning to the upper region of the current bullish channel and target 1 which is the most conservative is based on a vertical projection of the bear channel shown in blue.
RSI (relative strength index) as shown here has a positive rising slope and therefore implies further upside Momentum for Ethereum (ETHUSD)
The pink line is derived as a vertical projection of the top line (red) of the bullish channel. Further break to the upside past target 2 as shown on the chart could see Ethereum (ETHUSD) target the upper region of the pink line at ~$736.80.
Target 2 is based on price returning to the upper region of the current bullish channel and target 1 which is the most conservative is based on a vertical projection of the bear channel shown in blue.
RSI (relative strength index) as shown here has a positive rising slope and therefore implies further upside Momentum for Ethereum (ETHUSD)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.