EthereumLong
Big ascending triangle formation
Updated
Ethereum is forming a beautiful pattern.
Candle closing above U$1.500 is the safest point to entry.
U$1.400 is a good price to stop loss.
The ascending triangle target is U$1.800, but we can see much higher prices due to the moment of euphoria on the crypto market.
Candle closing above U$1.500 is the safest point to entry.
U$1.400 is a good price to stop loss.
The ascending triangle target is U$1.800, but we can see much higher prices due to the moment of euphoria on the crypto market.
Note
If ETH break down the ascending triangle, will have a good support at U$1.200.Note
The ascending triangling is working very well.Keep an eye on the breakout!
Note
The ascending triangle formation is broked.I didn't the entry (U$1.500).
The Parallel Channel stil valid.
Parallel channel entry: U$1.200
Target: top of parallel channel
Stop loss: U$1.100
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.