It appears we are in a massive ascending triangle and are about to bust up higher. pull backs have been bought up and we have been going higher.
A break to the upside would most likely push ETHUSD to $500 or just under.
-Sherem
A break to the upside would most likely push ETHUSD to $500 or just under.
-Sherem
Note
Piercing the triangle, trade is invalidatedNote
Typical crypto, forming a deeper continuation pattern, the trade would be a break of $400 to $500Note
Annnndddd there it goes.Note
After the adjustment of the ascending triangle we got the pop. Remember the resistance zone is between $400 to $500 and we are smack in the middle of it, getting some divergence now - Trade closed: stop reached
Stopped out in profit. This could start really going down.
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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.