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ETHEREUM Broke out from weekly downtrend
Ethereum
Long
ETHEREUM Broke out from weekly downtrend
By HiteshMalviya
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Updated
Feb 7, 2020
4
Cheer
Cheer
Jan 20, 2020
ETHUSD is leading the market recently, ETHUSD's price rose from 142$ to 179$, and closed last week above 167$.
ETHUSD is promising higher ROI than BTCUSD trade lately, and we have also seen that ETH is usually heading the rally, and bitcoin is following it.
ETHEREUM had broken out from a weekly downtrend after a weekly close above 167$.
ETHUSD had also managed to close weekly candle above 21MA - which is again bullish.
Looking a MACD, we can spot a clear Bullish crossover: which indicates bullish continuation.
Trade Signal:
ETHUSD
Entries: 145-160$
Exit: 210-240$
STOP: 130$
Feb 7, 2020
Trade closed: target reached
Chart Patterns
ETHUSD
ethusdbuy
ethusdforecast
ethusdidea
ethusdlong
Technical Indicators
Trend Analysis
HiteshMalviya
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