ETH Ethereum $250 Breakout
Updated
My first published idea. Not to be taken at face value but just wanted to share my own insight. Still getting the hang of Tradingview.
Bullish ascending wedge (resistance) tested twice @ $248. Market seems to be going sideways for a bit before inevitable breakout @ $250 (fingers-crossed).
If breakout doesn't occur before China wakes up, I'd hold and see how it goes from there.
Bullish ascending wedge (resistance) tested twice @ $248. Market seems to be going sideways for a bit before inevitable breakout @ $250 (fingers-crossed).
If breakout doesn't occur before China wakes up, I'd hold and see how it goes from there.
Note
Well, it did break out the wedge, just in the opposite direction. Throwing this out the window but still holding.Note
Still trending sideways. My position is currently neutral. I can see a few corrections to follow before it pushes through the $250 wall. Still looking like a bullish triangle to me, just waiting to push through.
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