ETHUSD - Strong bullish flag pattern, I hope your ready!

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Ethereum (BITFINEX:ETHUSD)

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BITFINEX:ETHUSD Ethereum

Support and Resistance Candlestick Analysis Flag ETHUSD Ethereum (Cryptocurrency) Technical Analysis priceaction Bullish Patterns

supportandresistance candlestick flagpattern ethusd ethereum technicalanalysis priceaction bullish

There is a fantastic, high quality flag pattern that has formed in Ethereum. I just posted a video about the morning star and pinbar bullish setups in the daily candles and now we can see a strong bullish flag pattern in the hourly chart. This is creating a confluence of signals that all are pointing to a bullish breakout. If the breakout occurs it could set up ETHUSD for a 400-500$ run. Place a 100$ stoploss would offer a very attractive 1:4 or 1:5 Risk/Reward setup.

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ETHUSD - Strong bullish signals to trade!

02:51

Komen:

I just posted a video of a very bearish setup on BTCUSD. If you are long or wanting to get long just beware since a crash in Bitcoin will pull Ethereum down with it.

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