Ethereum / Tether USD
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ETH - Time to Shine?

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As we all know, ETH has seen very little action over the last month due to BTC stealing the show.
However with the BTC fork craze nearing an end, I believe that ETH may have a chance for a move.

As you can tell from the chart above it appears that ETH is starting to squeeze within a pennant.

The BULL Cycle:
IF we happen to break through top, I will be entering a long position.
My major target points would be 350, 394, and 448.
Additional target points are the fib extensions shown above.

The BEAR Cycle:
As much as I would love to see ETH make a run up, there is still a chance we will fall out the bottom of the pennant.
IF this happens I will likely place a short, and my first target would be the major support line at 271.

I hope this helps and I wish you all the best of luck!

DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.

Dagangan aktif
My order filled at 326 while I was sleeping. Little higher than I expected, but it is what it is; Especially with that scary drop follwing BTC down!
However, it appears we have found support on this trendline which is a great sign!
A break below this like will trigger my short term stop/loss.
syot kilat
Nota
This is a Bullish sign for ETH!
syot kilat

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