ETHERIUM - Fantastic potential trade => REVERSAL is SOON!!!
ETH/USD => On the last "leg" of the long term correction we can see a falling wedge pattern with a clear divergence on MACD indicator (weekly chart).
This long term correction is making for us a simple "Bearish Shark harmonic pattern"
Also we can see increasing in trading volumes.
It gives us a chance to fantastic potential trade that can multiply our deposit with 3 price targets:
1. ±200$ zone
2. ±780$ zone
3. 1200$ zone
Remember it is weekly chart => long term trade
Wait for starting rally and enjoy!
I will update this idea.
Good Luck!
p.s. Bitcoin is did NOT finished it's correction, look my previous analysis for bitcoin short trade
This long term correction is making for us a simple "Bearish Shark harmonic pattern"
Also we can see increasing in trading volumes.
It gives us a chance to fantastic potential trade that can multiply our deposit with 3 price targets:
1. ±200$ zone
2. ±780$ zone
3. 1200$ zone
Remember it is weekly chart => long term trade
Wait for starting rally and enjoy!
I will update this idea.
Good Luck!
p.s. Bitcoin is did NOT finished it's correction, look my previous analysis for bitcoin short trade
Trade active:
We have reached the first target
Still active
Still active
