Ethereum likes technical analysis..
Updated
Recently 'war' on Bitcoin lead a lot of traders of digital cryptocurrencies to move to others options,such as Ethereum.
Ethereum`s triangle ABC broke upwards.
We can see that if we clone the BC side of the triangle ABC and move it up to AD we created the first target T1 which it was already reached.
Second target T2 it`s created if we clone AB side and put it at the day that triangle broke.
We can put the stop loss inside the triangle and above the strong support at 45 area.
Volume also appears to be more intense on upwards moves.
LONG AT 60 area
SL at 45area
HAPPY TRADING GUYS!
Ethereum`s triangle ABC broke upwards.
We can see that if we clone the BC side of the triangle ABC and move it up to AD we created the first target T1 which it was already reached.
Second target T2 it`s created if we clone AB side and put it at the day that triangle broke.
We can put the stop loss inside the triangle and above the strong support at 45 area.
Volume also appears to be more intense on upwards moves.
LONG AT 60 area
SL at 45area
HAPPY TRADING GUYS!
Trade active
Trade closed: target reached
First target reached stop loss hit today..Trade closed: stop reached
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