Ethereum, Ready for 2nd Bull Run!

COINBASE:ETHUSD   Ethereum / U.S. Dollar
Price has bounced off our breakout support.
Momentum has shifted towards upside.
Major Resistance @ $750

Price has broke out of descending wedge .
Higher Low formed inside major support ($500)
Late entry possible, ride to $750
No signs of daily momentum slowing down.

Switching over to our pattern timeframe we can see price has broke out of it's consolidation zone $500-$540
No signs of slowing down in price or momentum.
Late entry is possible if you can handle a minor correction, other wise wait for resistance @ $750

Lastly looking at our trigger timeframe we can see price has broken out of a bullish pennant and is continuing is bull run.
A break and close on the hourly above $615 triggers our next possible entry.

Related Ideas


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out