BerlinTrader591

Ethereum Consolidating Healthily

Long
COINBASE:ETHUSD   Ethereum
Nice consolidation flag on the 60 minute ETH chart.

We expect this to break to the upside after the breakout of that 400 level back on the 25th. We are watching and waiting for this pattern to break out above 490 on strong volume.

TRADE IDEA:
Long above 490 breakout of consolidation range.
Stop under 463
Target 523 (Fib level)

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