A Rounding bottom coming
Updated
After 12 months we can now draw a Rounding bottom pattern and, in all likelihood, we can expect it to be close to completion.
Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
So to follow this turnaround pattern could be a good trade.
Best of Luck.
Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
So to follow this turnaround pattern could be a good trade.
Best of Luck.
Trade active
Take off line reached. Rockets warming up. Bon voyage Ether!
Trade active
Done!
Second target reached (a few days late lol).
Now making analysis is really impossible because we have to see if 700EUR will hold or be crossed. If the push will exceed 700 EUR (which for me is very possible) then nothing could prevent ETH to reach its previous high. So the bull run is here.
Warning: Custom would you take back the capital you have risked, so take at least some profit and let the rest run.
Happy New Year to you... and ETH to!
🍀 The Best of Luck 🍀
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