Ethereum is flagging on or is forming an ascending triangle, we have bullish divergence on the 4 hour and historical volitality is extremely low wich means a big big move is nearing, i placed a long position myself at this moment and am happy see if this will break soon or later. Also good to notice is stochastic on 4 hr is making a trend wich should find support and turn back up on the next candle.
TP 1: 191,5
TP 2: 197
If u are holding this position and it breaks up my target will be from 218 up to 233.
TP 1: 191,5
TP 2: 197
If u are holding this position and it breaks up my target will be from 218 up to 233.
Note
the bullish divergence is out of play here..Trade closed: stop reached
I got stopped out of this one ;o
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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.