Bullandbeartrading

ETH/USD Trade Idea

Long
BITFINEX:ETHUSD   Ethereum
Hello and welcome to my Trade Idea of the currency pair ETH/USD

Lets start with the Top Down Analysis.


Monthly: The last months have been bullish with increasing size


Weekly: On the weekly timeframe we see bullish momentum with a little pullback to the trendline we have drawn.


Daily: On daily we see the pullback more exactly but i think that the trendline acting as support will give some momentum to the
upside.


H1: On the H1 timeframe we draw the counter trendline and think that the price pushes to the highs.


Have a nice day.
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