EthereumLong
ETHUSD - Long Trade Opportunity
Updated
ETH has been consolidating in an equilibrium pattern for months. While it hasn't been as exciting at BTC during this time, all that could change when this pattern breaks. I believe ETH is in a good set-up to break this pattern upwards at some point by the end of the month.
s3.amazonaws.com/tradingview/snapshots/g/GA09bpMZ.png
^ tightening of the BBands and a break upwards
s3.amazonaws.com/tradingview/snapshots/t/TmfJx7jC.png
^ bullish divergence in ETHBTC pair
s3.amazonaws.com/tradingview/snapshots/5/5veeggMH.png
^ Buy orders can be place above the $330 level with target prices of a $350 restest and $380. break of triangle upwards means we could see new all-time high
s3.amazonaws.com/tradingview/snapshots/g/GA09bpMZ.png
^ tightening of the BBands and a break upwards
s3.amazonaws.com/tradingview/snapshots/t/TmfJx7jC.png
^ bullish divergence in ETHBTC pair
s3.amazonaws.com/tradingview/snapshots/5/5veeggMH.png
^ Buy orders can be place above the $330 level with target prices of a $350 restest and $380. break of triangle upwards means we could see new all-time high
Trade active
Moving along as plannedTP's still 350 --> 380 --> beyond
Note
Already into the 400s! take some profit, leave the rest for long-term. new ATH on the horizon
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.