Possible Patterns Formation: Big SYMMETRICAL TRIANGLE Small DESCENDING TRIANGLE Potential Double Bottom
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE RED: STOP LOSS LEVEL GREEN: SELL TARGETS
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Forming great candlestick reversal pattern on daily timeframe.
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the move seems to be starting guys
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Possible re-test on trendline
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Trade continuation
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Price moving gradually as expected.
Seems to be approaching a mini- retracement time, and the pattern formation detected is Inverted Head and Shoulder.
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Price breakout bullish channel and re-test the top side of the channel.
Commentaire
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Trade continuation after price bounced off the bearish channel.
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ETH hit support, we should see some bounces from here.
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ETHBTC support to watch for potential reversal are:
Immediate support: 0.041738 0.038267 0.034302
Long term strong support are: 0.027756 0.023476
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Great bounce from Eth, its expected to stay up for sometime. Testing the previous level and if manage to break it then we can see more of uptrend in both ETH and altcoins.
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Ethereum is forming good reversal pattern.
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Hi guys
Ethereum made a great run yesterday and we expect some retracement action today as well before continuation of the upside move.
The following level are to be watched: 0.046995 0.046465 0.046055 0.044545 0.043375
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