Symmetrical triangle breakout on the 4hr? Let's see...
Looks like ETH could be ending it's correction and preparing for another upside move. Need MACD and RSI confirmation, but this is a positive development.
Set a tight stop (mine is at 985 just below 4hr 200MA) and let's see if we get a pop here to confirm a possible Adam and Eve bottom (need to clear 1166.13 to confirm). If we do confirm the Adam and Eve bottom, we can target the $1265-$1300 area.
Best of luck!
Set a tight stop (mine is at 985 just below 4hr 200MA) and let's see if we get a pop here to confirm a possible Adam and Eve bottom (need to clear 1166.13 to confirm). If we do confirm the Adam and Eve bottom, we can target the $1265-$1300 area.
Best of luck!
Commentaire:
Trendline break. Position closed.