jojofang0901

ETH Look for bullish continuation up

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jojofang0901 Uppdaterad   
BITSTAMP:ETHUSD   Ethereum

Hi everyone:

Looking at Ethereum for bullish price action outlook.

After breaking all time highs, price formed a ascending channel, reverse down the price.

However, we begin to see this expanding type of structure, and as we know they can be both reversal and continuation correction.

WE then see a quick LTF push up from the reversal expanding structure, and a small continuation flag form. This can be the first indication of the bullish momentum.

Lets see if we can get the price to continue an breaks above the ATH once again, and look for look term buying opportunities.

Thank you
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