jojofang0901

ETHEREUM Bullish Short Term Price Action

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BITSTAMP:ETHUSD   Ethereum

Hi traders:

Also looking at ETH for the short term up move.

WE can see that price manages to move down correctively once again in a descending structure, hitting a double bottom.

The HTF structure is looking to complete with a few swing highs and lows.

Latest price on the LTF has a strong impulse move breaking out of the descending structure.

Look out for a bullish continuation correction, inverse H and S pattern to get in the buy entry.

If price can break out of the HTF structure, then expect further continuations to the next top

Thank you
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