#ETHUSD hugging the 50 WMA
ETHUSD is hugging that 50WMA with small retracements to WMA level and continuing its uptrend right after. Also looking like it has broken out the ascending triangle on the hourly chart that it started forming the start of the year and now it's off to maybe even pass the 1400 level which was the Jan 2018 highs.
Very bullish on this pair because of what's going on in the world economy, but, also since CME will be debuting ETHUSD future contracts this February and CBOE is planning to roll out cryptos this year. This could mean more institutional money! 🤑🤑
Very bullish on this pair because of what's going on in the world economy, but, also since CME will be debuting ETHUSD future contracts this February and CBOE is planning to roll out cryptos this year. This could mean more institutional money! 🤑🤑
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.