TradingView
kidze
May 13, 2018 6:24 AM

ETH short-term outlook 

Ethereum / BitcoinPoloniex

Description

ETH since the significant pump has been bouncing off the 200 period ALMA.

We are currently squeezing hard on the 4H.

If we break out of this ascending triangle a strong uptrend is expected.

However, if the 4H chart closes below the 200 ALMA for more than 2-3 candles then it would plummet.

Stay safe, traders.

Comment

we are riding there as expected from my TA. Let's see if it gets rejected again

Comment

Watch this very close guys.

Comment

Called it. Enjoy the ride!
More