ETH/USD approaching asc tri, breakout to $580

Panjang

Ethereum (BITFINEX:ETHUSD)

Telah dikemas kini

BITFINEX:ETHUSD Ethereum

fibonacci trendline supportandresistance ethereum ethusd ascendingtriangle

Ethereum looks close to breaking out of its long-running ascending triangle pattern. Taking the high and low at the start of the trend we can fib out to $580 as a reasonable target. This is invalidated if price breaks out south below the support line.

Komen:

We are clear through the 0.786 fib ($352) zone of resistance. Next resistance to watch for is the $400/ATH zone. Expect volume to explode if daily closes above $400.

Komen:

New ATH reached, $400 resistance being tested!

Komen:

$400 resistance broken. Conservative target now is $580.

Komen:

As expected, $400 was strong resistance now turned strong support. Any buy at around $400 or below is a great entry here.

Dagangan ditutup: sasaran tercapai:

Nailed it! $580 target reached on the dot.

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.