In my most recent ETH analysis I wrote that ETH was likely forming a bull-flag pattern and was going to break out in the near future.

And here we are. A break out, followed by a retest of the top resistance, which is exactly what bulls want to see.
Our entry has been hit and stop moved just below the retested resistance. This constructs a very decent trade with a risk-reward well over 12.

And here we are. A break out, followed by a retest of the top resistance, which is exactly what bulls want to see.
Our entry has been hit and stop moved just below the retested resistance. This constructs a very decent trade with a risk-reward well over 12.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.