ETHUSD Continuation of breakout
Hi guys.
ETH breaking out of a triangle pattern that has ben forming for quite some time.
A smaller triangle pattern was confirmed and therefore ETH started breaking out following up on BTC.
The tables have turned now, in the last bull run BTC was following ETH if I am not mistaken.
RSI and MACD still healthy for a continuation of trend.
Breakout target pointing to 480-495 usd, where we will face a long term trandline that we have previously broken under and turned it ressistance.
Disclaimer: Not financial advice.
Tell me what you think, critics more than welcomed.
If it makes sense, like, comment what I lack, follow up on my next analysis.
ETH breaking out of a triangle pattern that has ben forming for quite some time.
A smaller triangle pattern was confirmed and therefore ETH started breaking out following up on BTC.
The tables have turned now, in the last bull run BTC was following ETH if I am not mistaken.
RSI and MACD still healthy for a continuation of trend.
Breakout target pointing to 480-495 usd, where we will face a long term trandline that we have previously broken under and turned it ressistance.
Disclaimer: Not financial advice.
Tell me what you think, critics more than welcomed.
If it makes sense, like, comment what I lack, follow up on my next analysis.
ملاحظة
The price is still consolidating breakout still valid but the price has formed a wider upward channel now
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.