EthereumLong
ETHERIUM - Fantastic potential trade => REVERSAL is SOON!!!
Updated
ETH/USD => On the last "leg" of the long term correction we can see a falling wedge pattern with a clear divergence on MACD indicator (weekly chart).
This long term correction is making for us a simple "Bearish Shark harmonic pattern"
Also we can see increasing in trading volumes.
It gives us a chance to fantastic potential trade that can multiply our deposit with 3 price targets:
1. ±200$ zone
2. ±780$ zone
3. 1200$ zone
Remember it is weekly chart => long term trade
Wait for starting rally and enjoy!
I will update this idea.
Good Luck!
p.s. Bitcoin is did NOT finished it's correction, look my previous analysis for bitcoin short trade
This long term correction is making for us a simple "Bearish Shark harmonic pattern"
Also we can see increasing in trading volumes.
It gives us a chance to fantastic potential trade that can multiply our deposit with 3 price targets:
1. ±200$ zone
2. ±780$ zone
3. 1200$ zone
Remember it is weekly chart => long term trade
Wait for starting rally and enjoy!
I will update this idea.
Good Luck!
p.s. Bitcoin is did NOT finished it's correction, look my previous analysis for bitcoin short trade
Trade active
We have reached the first targetStill active
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