ThinkingAntsOk

Daily Analysis on ETHEREUM (ETH/USD) by ThinkingAntsOk

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Use this as a guide to develop your view of the chart.

Main items we can see on the daily chart:

a)The price has broken a descending Wedge pattern ( bullish Signal)

b)The price Reached our previous bullish daily Target (check link to related ideas)

c)At current levels, we can wait for a correction movement towards the ascending trendline to then proceed to the next support zone / Or we can keep watching a robust bullish move towards the next support zone .

d)Our Main view on ETHEREUM and BITCOIN keeps bullish after the breakout of daily structure on both.
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