Nevermorejk

ETH:USD Buy zone

Panjang
BITFINEX:ETHUSD   Ethereum
The lower support line is the bottom of a long term Parallel channel starting over a year ago. I am bullish on ETH unless that channel is broken.

Plenty of bullish signals on ETH right now. Green Ichi twist on the 4hr, TK support below, established bullish trends on the RSI and CMF with Stock resetting. Price action looks to be forming a bull flag too. I am still expecting price to break down a bit from here, so my buy zone is marked on the chart. I will pyramid buys into that zone.

My earlier buys on ETH are in profit, but I will be holding them for a longer swing trade unless that channel support is broken.

Penafian

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