Ethereum (ETH) Bullish Breakout of Bull Flag/Pennant Buy Signal

Ethereum (ETH) Bullish Breakout
of Bull Flag/Pennant Buy Signal
Bull flag breakout of a bullish continuation pattern. As per the measured height method (flag height added to breakout price), ether could rally to $1,050 levels. RSI is well short of the Jan. 1 high (overbought conditions), indicating scope for the rally. Higher lows create rising trend lines and upward sloping 50-day moving average favor further upside in ETH prices.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
of Bull Flag/Pennant Buy Signal
Bull flag breakout of a bullish continuation pattern. As per the measured height method (flag height added to breakout price), ether could rally to $1,050 levels. RSI is well short of the Jan. 1 high (overbought conditions), indicating scope for the rally. Higher lows create rising trend lines and upward sloping 50-day moving average favor further upside in ETH prices.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Dagangan aktif
Dagangan ditutup: sasaran tercapai
I'm Staying LONG EthereumReason being: I did a test this week sending several different currencies from exchange to another and Ethereum (ETH) blew away the top bitcoin tokens in speed at only a few minutes to confirm 40 times.
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.
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.