ETHFI looking extremely promisingThere's no need of much indicators to see price action on ETHFI. There seems to be an inmense and obvious change of trend. Price triple bottomed between 3.20usd and 3.30usd and printed three massive green candles in 6h graph that broke an imporant resistance of an horizontal channel where the price was trapped in since 14th April and broke the diagonal resistance of the downward trend that started when the price at 8.6usd on the 27th of March. Bulls will place several orders between 3.7usd and 4usd that is the fibo retracement of the current price.
Let's see if the market helps ETHFI look for new highs.
ETHFIUSDT trade ideas
ETHFI ANALYSIS🔮 #ETHFI Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #ETHFI and perfectly retests the level. It's a 12hr time frame breakout and we will see more higher price in long-term.
💸Current Price -- $4.406
📈Target Price -- $8.092
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETHFI #Cryptocurrency #Breakout #DYOR
#ETHFI/USDT ANALYSIS ETHFI has broken out of the descending tri#ETHFI/USDT ANALYSIS
ETHFI has broken out of the descending triangle and is currently retesting above it. It is on the verge of breaking out of the Ichimoku cloud.
A successful retest or a breakout above the Ichimoku cloud would confirm bullish momentum. If the price retraces back into the triangle, we might witness further movement within its confines.
ETHFI - Going ready to go higher ? I'm looking fora finished fourth wave on this one.
Imo price is now carving the first wave of the higher degree pink wave 5.
So, if you're not in yet, wait for a pullback in wave 2 before getting in thus minimising risk.
My stop is at 6.710 as I'm already long @ 6.906 while writing this post.