MMBTtrader

ETHUSD trendline is going to break or still bullish πŸš€ ?

Short
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Red path :As we can see ETHUSD has some valid rejection from 0.5% of Fibonacci retracement level and is near support of trendline too what we expect is this that trendline broke and retest of breakout complete and the market reach our bearish scenario targets that are :
Targets
A.1500$(after this target we should have update to see the second target is reachable or not)
B.1320$

Green path
But we should consider this that market can easily reach 1750$(0.61% of Fibo too ) and then we would have break out and second red path would get valid

Blue arrows :are previous analysis :
and ..

<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
Trade closed: target reached: first target reached +5% =80$
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Comments

anyone nervous about the stock market crashing and cryptos strong trending with it over the past several years?
+2 Reply
MMBTtrader reggert
@reggert, me 😈
+1 Reply
Very good scenario, mate ;)
+1 Reply
MMBTtrader StevesTradingV
@StevesTradingV, thanks a lot
Reply
awesome mate
+1 Reply
MMBTtrader Fisher_Fx
@Fisher_Fx, thanks bro
Reply
great summary. let's hope for the better!
+1 Reply
MMBTtrader ProjectSyndicate
@ProjectSyndicate, thanks a lot dear
Reply
Nice chart! Thanks for sharing
+1 Reply
MMBTtrader Serana2324
@Serana2324, thanks a lot madam
Reply
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