Here's a quick look at Ethereum 4 hr chart. As we can see, ETH broke out from the big bull pennant . All depends on BTC right now. If BTC falls then ETH will fall as well. If ETH breaks its previous ATH it will probably go to 2500$! Gains incoming! Note: Watch the RSI - Not much space left before its oversold.
This chart was posted a week ago before it broke the bull pennant .
The idea is: Buy the breakout from the level shown in the chart. take profits at the level shown in the chart. Target: 1. 2040$ 2. 2500$
Follow me for daily trading setups - Telegram group coming soon...
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.