ETH April 29, 2024: Waiting to Breakout
Weekly chart: On April 29, 2024, 
ETHUSD s forming a bull flag pattern above the rising 30-week and 52-week MA. A breakout move out of this pattern suggests a further increase to 4670 (first target, the peak of 2021 uptrend) and 6370 (second target)
Daily chart:ETHUSD moved up above MA-20 which is a positive sign however it is still below its MA-50 and the current resistance (3280) seems not easy to clear.
I would put a buy stop order above the MA-50 on daily chart and 10-week MA on weekly chart.
ETHUSD s forming a bull flag pattern above the rising 30-week and 52-week MA. A breakout move out of this pattern suggests a further increase to 4670 (first target, the peak of 2021 uptrend) and 6370 (second target)Daily chart:
ETHUSD moved up above MA-20 which is a positive sign however it is still below its MA-50 and the current resistance (3280) seems not easy to clear.I would put a buy stop order above the MA-50 on daily chart and 10-week MA on weekly chart.
منشورات ذات صلة
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.