ETHUSDT - Ascending Triangle Hook - PT $3432Like my previous idea, an ascending triangle hook is now forming on Ethereum's chart. Using fib extensions, the target should be right at 3432.
Good luck!
Hook
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HOOK WHAT IS THIS HOOK WHAT IS THIS always there on uniswap with only 10,000 supply no info nothing on it but it always there on uniswap
Possible J-Hook or Cup and Handle if price BreaksOut Possible J-Hook or Cup and Handle if Price Breaks Out
Possible Another J-Hook Or Cup and Handle Or Roll OverPossible Another J-Hook Or Cup and Handle Or Roll Over
Possible: J-Hook or Cup and Handle, Consolidation after UptrendPossible: J-Hook or Cup and Handle, Consolidation after Uptrend
How to establish a directional bias and how to profit from themIf you struggle to find what the market is presenting to you, there is only one thing that's for sure. There is either a bottom price being defended or a higher price being defended.
How do you get into these trades?
I did a quick chart on how to establish a day type and where to initiate your trade with little risk to a nice reward.
ETHUSD 1H BREAK-HOOK-GOPair is in a current break-hook-go long
Price needs to breakout current swing high
Buy Stop @ 1418.80
Take Profit @ 1634.11
inverted j hook ethereum - short ityou can see the first inverted j hook failed, the second one however has found a lower-low which indicates the downtrend will continue
