Ethereum has been in sideways consolidation for the last couple of months, with Bollinger Bands on multiple time-frames such as 2h, 4h, 6h, 12h and 1D now squeezed tight. Already there have been a number of attempted break-outs of the smaller triangle the price currently trades within.
I will be looking to buy once price breaks past the dotted yellow trend line + the 78.6 fib level. This provides a low entry entry point and a possible chance to reload new longs if we retest that resistance turned support later on.
When the price is able to successfully break out of the ascending triangle top at $400-420, it can easily double in price and potentially go further.
I will be looking to buy once price breaks past the dotted yellow trend line + the 78.6 fib level. This provides a low entry entry point and a possible chance to reload new longs if we retest that resistance turned support later on.
When the price is able to successfully break out of the ascending triangle top at $400-420, it can easily double in price and potentially go further.
Dagangan aktif
Nota
ETHUSD going as planned.Dagangan ditutup: sasaran tercapai
Partially took profit.
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.