Get started
Ethereum / Euro

Markets in Profile: Range Expansion

By Acel
Updated
Ethereum/EURO pair has a breakout bias this week. Potentially it can breakout before Wednesday.

Oscillators bias: Neutral
EWP bias: Bullish*

*Potential triangle 4th correction into a last push before further correction.

snapshot
Comment
There is triangle breakout confirmation on USD pairs. Keep in mind that this creates yet another gap on BTC1!, potentially an exhaustion one too.
Comment
Didn't quite make it to the target- sad. Now, this can be an ending diagonal while trading above 199 or we have entered a correction of a bigger degree.

Weekly range expansion was to the downside, aka direction doesn't matter its all about volatility.


snapshot
Elliott WaveETHEthereum (Cryptocurrency)ETHUSDETHUSDTFibonacciOscillatorsprofileprofile-market
Acel

Related publications

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.