The new trend to the upside seems to have started for ETH against USD. Market structure has broken. The targets are represented as rectangles. Also a weekly double bottom at play. A break and close below 300 invalidates this. Also with ETH 2.0 it can see a substantial pump up soon. A good 6 RR swing trade. Not a financial advice. Hope it helps.
Trade active:
The price have moved higher as expected from 400 region where the call was initiated. The formation of the 3rd wave is still in play and ends near 680-690 region.
Comment:
The first rectangle target has been breached to the upside, let the show run.
Comment:
All targets have been reached. A new idea coming soon. Let me know if you enjoyed this trade.