Analyzing the fanned trend lines, I'm calling that ETH will move in an upward direction and touch the PURPLE trend line before deciding to decline further or break through.
I'm calling a trade BUY @ 0.0700
Take profit @ 0.07400.
Stop loss @ 0.067500
I'm calling a trade BUY @ 0.0700
Take profit @ 0.07400.
Stop loss @ 0.067500
Trade closed: stop reached
Sorry for the bad call. I still think there's opportunity at this price but stop has been hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.