EthereumLong
[TP: $8,000+] ETHUSD - Very reasonable this Bull Run!
Hello Traders, this is Ripplayer
ETHUSD is coiling up for Bull pennant pattern on a monthly candle!
This trade has a target of $8,000+
This month will be the most important month to reach my target goal or may get delayed or to the downside. Also the RSI is closer to the oversold region and is hinting a rise up.
For this trade to be active it is crucial for ETH to breakout of the Resistant with volume support and a good volume monthly candle close.
Entry point will be at the retest to the resistance after the breakout.
WHAT ARE YOUR THOUGHTS?
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best!
"Chance favors the prepared mind.” – Louis Pasteur
Please like, subscribe and share your ideas and charts with the community!
Disclaimer!
Information provided is not a financial advice, it is only educational purposes. You make your own choice!
ETHUSD is coiling up for Bull pennant pattern on a monthly candle!
This trade has a target of $8,000+
This month will be the most important month to reach my target goal or may get delayed or to the downside. Also the RSI is closer to the oversold region and is hinting a rise up.
For this trade to be active it is crucial for ETH to breakout of the Resistant with volume support and a good volume monthly candle close.
Entry point will be at the retest to the resistance after the breakout.
WHAT ARE YOUR THOUGHTS?
Thank you, Traders, for taking your time to have a look at my Analysis. Have a fantastic day and a safe trading, all the Best!
"Chance favors the prepared mind.” – Louis Pasteur
Please like, subscribe and share your ideas and charts with the community!
Disclaimer!
Information provided is not a financial advice, it is only educational purposes. You make your own choice!
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.