Ethereum likes technical analysis...
Updated
Recent `war` on Bitcoin lead a lot of traders of digital cryptocurrencies to others options,such as Ethereum.
Ethereum`s triangle ABC broke upwards.
We can create the first target by clone bc side of the triangle and move it upwards to AD.
We can see that the first target is already reached.
The second target T2 it`s created by EF if we clone AB side and put it at the day price broke the triangle.
We can put a stop loss inside the triangle and above a very good support at 45 area.
Volume appears to be more intense on upwards moves.
LONG AT 60 AREA
STOP LOSS AT 45 AREA
HAPPY TRADING GUYS!
Ethereum`s triangle ABC broke upwards.
We can create the first target by clone bc side of the triangle and move it upwards to AD.
We can see that the first target is already reached.
The second target T2 it`s created by EF if we clone AB side and put it at the day price broke the triangle.
We can put a stop loss inside the triangle and above a very good support at 45 area.
Volume appears to be more intense on upwards moves.
LONG AT 60 AREA
STOP LOSS AT 45 AREA
HAPPY TRADING GUYS!
Trade active
Trade closed: target reached
First target T1 reached.Trade closed: stop reached
Note
A lot of profit with wider stop loss.You learn from mistakes and move on.
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