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jojofang0901
3 פבר׳ 2021 19:10

ETH Broke ATH, look for continuation to buy לונג

Ethereum / U.S. dollarBitstamp

תיאור


Hello everyone:

WE see some strong crypto push, and ETH certainly is one that is on my watch.

Look at how price develop was key in this. We see price first approached the ATH, and formed an ascending channel structure, seemly showing us a reversal is coming.

However, after a LTF bearish pushed down, it didn't not reach the lows before a strong bullish reversal, hinting that the bearish momentum may already be exhausted.

Wee a pennant like continuation structure to bring the price impulsively pass the ATH, great indication for further upside.

As always, don't jump into the buys. Wait for LTF continuation correction for the confirmation for entry.

Thank you

הערה

תגובות
Qcorek
so the target before some pullback is like 1700?
jojofang0901
@Qcorek, I would say after a solid continuation correction, we can see price push up to 2000
Mahtab_Tradia
Splendid chart! thank you
jojofang0901
@Mahtab_Tradia your welcome 🙏
TheSignalyst
thank you for jojo! amazing
jojofang0901
@TheSignalyst, thank you :)
abel11
Great respect for you
jojofang0901
@abel11 thx bud
Fisher_Fx
definitely more upside here
jojofang0901
@Fisher_Fx yup 👍
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