Ethereum, Ready for 2nd Bull Run!
Weekly
Price has bounced off our breakout support.
Momentum has shifted towards upside.
Major Resistance @ $750
Daily
Price has broke out of descending wedge.
Higher Low formed inside major support ($500)
Late entry possible, ride to $750
No signs of daily momentum slowing down.
4Hour
Switching over to our pattern timeframe we can see price has broke out of it's consolidation zone $500-$540
No signs of slowing down in price or momentum.
Late entry is possible if you can handle a minor correction, other wise wait for resistance @ $750
Hourly
Lastly looking at our trigger timeframe we can see price has broken out of a bullish pennant and is continuing is bull run.
A break and close on the hourly above $615 triggers our next possible entry.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.