A Tale of Two Trails - Ethereum Analysis (ETH/USD)
Ethereum is trading within the perimeters of a bearish pennant.
A bearish breakout from the pennant could push price down to 375 or near. Here is how we trade it.
Buy: 375 or near
Take Profit #1: 440 (17.33% Gain)
Take Profit #2: 478 (27.47% Gain)
Stop: 358
On the upside, a bullish breakout or reversal from a failed bearish breakout could send price up to 443 and then 479. If it happens, we will only buy from the 443 pullback.
That’s all for now, my friends.
If you find this post useful, please LIKE this chart to support me on TradingView.
Trade safe and good luck!
Gifts & Support:
BCH: qznk2nnuppn0xszpmx0ruvfzlh7z5ux8r527d05k3f
A bearish breakout from the pennant could push price down to 375 or near. Here is how we trade it.
Buy: 375 or near
Take Profit #1: 440 (17.33% Gain)
Take Profit #2: 478 (27.47% Gain)
Stop: 358
On the upside, a bullish breakout or reversal from a failed bearish breakout could send price up to 443 and then 479. If it happens, we will only buy from the 443 pullback.
That’s all for now, my friends.
If you find this post useful, please LIKE this chart to support me on TradingView.
Trade safe and good luck!
Gifts & Support:
BCH: qznk2nnuppn0xszpmx0ruvfzlh7z5ux8r527d05k3f
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