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ammypatt1987
Jul 29, 2020 8:53 AM

ETH-USD: Getting ready for massive move. Long

Ether / United States DollarCoinbase

Description

Here on 4hr chart we see ETH has been consolidation in a very nice bullish formation (you can consider it as a bull flag or bull pennant).

Once ETH takes out the recent highs (which I marked as 'Key area to break') we could see another explosion in ETH price.


The complete move from this flag could take ETH to 400$ range, this area also coincides well with the long term resistance zones. I have market 2 of these long term resistance zones here,


These levels acted as a huge SR levels in past and are very good indicators for take profit zones or long entry set ups.
Comments
JimmyNeedles
Beautiful! A shame I'm too late now, but I will follow you and donate when another beauty comes by!
ammypatt1987
@JimmyNeedles, Thank you man, :) Glad to have you
TP-Trader
Thank you man, That was an awesome call man, PERFECTION :)
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