Ethereum (ETHUSD): The Breakout
My view is that this is the breakout we needed to trigger this H&S bottom pattern and set sights on $224 area, which is the first target.
$199 is current POC (heavy volume level, simply speaking), mind this level, as it should be the last barrier.
Event risk:
Tomorrow's bitcoin hard fork. This may actually be beneficial for large alts like Ethereum.
$199 is current POC (heavy volume level, simply speaking), mind this level, as it should be the last barrier.
Event risk:
Tomorrow's bitcoin hard fork. This may actually be beneficial for large alts like Ethereum.
Сервис: NixService.net
Telegram: t.me/NixTrading
Бот: t.me/NixJunior_bot
Telegram: t.me/NixTrading
Бот: t.me/NixJunior_bot
Related publications
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.