Ethereum
Long
Updated

USDETH (ascending triangle; targets around 3,200/ 3,900)

90
ETH sets-up an ascending triangle. Which means, if ETH crosses 2,900 it might have the potential to target 3,200/ 3,900.

I have already opened my first position around 2,600 (not according to the playbook). SL is below 2,480.

The ascending triangle are the orange lines.

Support/ resistance: Please check the rectangles.

The arrows and tick-marks are the old ETH trades.

ETHUSD






Trade active
Trade closed: stop reached
Stop has been triggered at 2,600 (below the orange line).

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.