ETH/USD - Decision point, ATH next?

By DU09
Uppdaterad
ETH price is compressing inside the apex (blue) which will lead to a significant move soon.

Overall the bias is bullish and there is a real chance ETH will shoot for the ATH to test that level. Therefore, wait for the breakout to long as indicated in the chart. A nice 15% play can be had.

If not, the next buy areas are Fib 23.6% and 38.2% levels as indicated on the chart at around 1k. A short is very risky in this bullish market, so be careful and use proper stop losses.

Like and follow!
Kommentera
Well done if you longed the breakout!

snapshot
Chart PatternsETHUSDETHUSDTTechnical IndicatorsTrend Analysis
DU09
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀

Related publications

Frånsägelse av ansvar