ETH short term breakout
Updated
Hi,
Thanks for reading.
NO financial advice, just MY opinion.
In my opinion green looks the track for today.
ETH will break ou of the pattern and will make an uptrend.
Yellow in case it gets rejected to go for a full breakout. It will stay around 600-615$.
C is worst case scenario but everything is looking good in the technical analysis except for some oscillators so doubtfully but possible always.
As we can see the EMA200 and MA200 are closely, so they will give some support.
In my opinion I see a breakout from the triangle.
Thanks for reading.
Leave a comment, feel free to react or give your opinion.
Thanks for reading.
NO financial advice, just MY opinion.
In my opinion green looks the track for today.
ETH will break ou of the pattern and will make an uptrend.
Yellow in case it gets rejected to go for a full breakout. It will stay around 600-615$.
C is worst case scenario but everything is looking good in the technical analysis except for some oscillators so doubtfully but possible always.
As we can see the EMA200 and MA200 are closely, so they will give some support.
In my opinion I see a breakout from the triangle.
Thanks for reading.
Leave a comment, feel free to react or give your opinion.
Note
It is going up in the good way, target 620$ atm
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