EthereumLong
ETHUSD - bullish case for ETH
Notice price action from last night. Price flash crashed and immediately bought back showing that buyers in control. Taking the context of Ethereum hard fork and that dump was due to this reason, the smart money who bought that crash is in control so this is just a pullback before a major breakout higher.
Case or price move higher:
1. Doji bar bounce on volume off of support and previous breakout price. This is known as a throwback.
2. Price above 20 and 50 ma.
3. Rising channel - price making higher lows.
5. Tight base formed from 118 - 131
Case or price move higher:
1. Doji bar bounce on volume off of support and previous breakout price. This is known as a throwback.
2. Price above 20 and 50 ma.
3. Rising channel - price making higher lows.
5. Tight base formed from 118 - 131
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.