After a peak on June 20th, ETH has been in a downtrend for a while. Bitcoin stole the show in the previous months and Ethereum has not really had the change to shine. But things might be about to change. I believe that Ethereum has found a bottom now and it will break up from the descending channel with a vertical shape. Once it does so, it will break likely upwards from the bigger downtrend channel with a more horizontal shape, to then blow up to the given targets.
Entry: 0.046 if the downtrend channel breaks up.
TP1: 0.062.
TP2: 0.086.
TP3: 0.116.
TP4: 0.1335.
Stop-loss: 0.038.
Good luck :)
Entry: 0.046 if the downtrend channel breaks up.
TP1: 0.062.
TP2: 0.086.
TP3: 0.116.
TP4: 0.1335.
Stop-loss: 0.038.
Good luck :)
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Follow the journey of BTC & ZEC:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.