Hello, in this analysis. Ethereum show a momentum of gains of the price.
In summary, the price entry was around of $362-$364 USD with a SL at $352 USD and now the targe profit is $$408,68 USD. That was my previously analysis on the past 3 hours.
We updated a new zones of Daily, that mean the yellow zone set as Daily zone and we found out a demand of boughters. Now, very important that range it's could be a Ethereum into this. As recall, on Saturday I will going to make a overview of Ethereum from Daily until weekly to see it in short term what we expect!!!
Now, in H4 timeframe it's a nice opportunity for long position, because we proyect that Ethereum want to reach the $408 USD as take profit, now as Ethereum was broke up this ascendent triangle, the price is leading to go higher in the exact level of what Bitcoin in the past week their cotization was above of $400 USD.
And finally, in H1 timeframe we see that Ethereum is continue bullish while Bitcoin make the sentiment bullish for the boughters in the demand's zone.
Well, tomorrow I will going to make an updated of my analysis of Bitcoin, Ethereum and also, I wil going to make an analysis of Litecoin.
And guys, congraluations of the Forex pars if you follow the signal of Euro/ U.S. Dollar and Sterling Pound/ U.S. Dollar, both we get a nice profit: 70 pips on Euro/ U.S. Dollar and 140 pips on Sterling Pound/ U.S. Dollar. Both it's was a earning of 210 pips in one day.
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