No way telling which way it is going to go, there is mixed indicators for both directions, however when eth pops~ it pops. Trade on confirmation on the 1 day would be my recommendation.
This has been in the making for 6 months! Do love a good symmetrical triangle.
IMO Volume would suggest it will pop upwards, given we have a doji on the trendline with potential shakeout volume. Meeting two supports at the same place too. Not worth trading without confirmation though imo.
A like and a follow would be v appreciated.
Do you want to join a private trading group with access to custom indicators?
This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
Xander~
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Close below the trendline = Short
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Close above trendline = long. I have a better chart I will post here now
I vote for 70% chance upside. Eth is not security now. Nothing can hold it anymore
XanderCrypto
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@SamHuynh, We will see :D
Fovillain
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It is not impossible to see ether get to 0.1 btc, all it needs is a little bit of sideways and btc will meet it at this rate
Drewskickinit
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ETH hit the 786 retracement this morning but it still has a measured move down. It's still a toss up what's gonna happen with Tron and EOS dumping Ether is be more cautious and still wait for it to drop lower personally
XanderCrypto
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@Drewskickinit, Irrelevant of what it hit this morning, I think the scale of the triangle here will provide a move.
XanderCrypto
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From a technical POV, decision day is soon to be with us :D