EthereumLong
Ethereum Update With Same $6K Target On Strong Bullish Breakout
We have the same chart here we looked at on August 4, Ethereum aims at $6000 (see it here).
We have really strong technicals in favor of the bulls/green side.
The consolidation has been really strong with the price staying above the blue space on the chart (our "last barrier").
The price not dipping lower is a good/positive signal.
The longer we have this type of bullish/sideways consolidation at the top, the better the outlook becomes for the bulls.
Breaking below EMA21 ($3165) would be a bearish signal yet we remain strongly bullish above the EMA50 line at $2680.
Overall the outlook continues to be pretty good.
Ethereum (ETHUSD) continues strong.
Namaste.
We have really strong technicals in favor of the bulls/green side.
The consolidation has been really strong with the price staying above the blue space on the chart (our "last barrier").
The price not dipping lower is a good/positive signal.
The longer we have this type of bullish/sideways consolidation at the top, the better the outlook becomes for the bulls.
Breaking below EMA21 ($3165) would be a bearish signal yet we remain strongly bullish above the EMA50 line at $2680.
Overall the outlook continues to be pretty good.
Ethereum (ETHUSD) continues strong.
Namaste.
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🔝 Altcoins Technical Analysis
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +2010% 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Altcoins Technical Analysis
followalan.com
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