ETH buy opportunity - a lot of potential
Updated
I see a really good buy opportunity in the next days.
ETH is moving up and down in a big triangle (pennant) - as the price is nearing the end of this triangle, we can expect a breakout soon.
I am pretty sure the breakout will be on the upside because Ether or better said the whole Ethereum platform has a lot of potential to grow in the future.
Every touch at the bottom of the triangle will be a good buy opportunity. There is also a possibility that the price will directly break out of its inner, smaller triangle without touching the bottom trendline again.
Ethereum is backed by a very strong developer base and offers so much more than just it's currency Ether. As an example smart contracts or decentralized applications or just its flexibility to adopt new technologies in the future. I suggest to visit their website to learn more about them: ethereum.org
ETH is moving up and down in a big triangle (pennant) - as the price is nearing the end of this triangle, we can expect a breakout soon.
I am pretty sure the breakout will be on the upside because Ether or better said the whole Ethereum platform has a lot of potential to grow in the future.
Every touch at the bottom of the triangle will be a good buy opportunity. There is also a possibility that the price will directly break out of its inner, smaller triangle without touching the bottom trendline again.
Ethereum is backed by a very strong developer base and offers so much more than just it's currency Ether. As an example smart contracts or decentralized applications or just its flexibility to adopt new technologies in the future. I suggest to visit their website to learn more about them: ethereum.org
Note
Attack of upper inner triangle line started:
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.