JMLoureiro

ETH Bullish Flag - Target $400

Short
BITFINEX:ETHUSD   Ethereum
ETH has created a bullish flag. If the price action breaks the flag upwards the next target should be $400. Analysing the DMI on the four hour chart, although loosing a little of momento, still shows strong bullish movement.

If the flag breaks with downward movement, the next support level is at $287.

I'm still new with technical analyse of crypto, as always your feedback is much appreciated.

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