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MMBTtrader
Apr 24, 2021 6:03 PM

ETHUSD Ready to rise once again (creation of double bottom)?Β Long

Ethereum / U.S. dollarBitstamp

Description

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here is valid channel that formed on 4H and we just touch support and lower channel side and rise is expected now :


And in lower time frames that we re watching right now we had some how creation of double bottom that is reversal pattern and we would expect rise after breaking neckline

Notice :price broke neckline and fist green line is expected but if it fall then again second path that considered will follow and reaching our targets that mentioned on chart .
Notice :this analysis is for short-term trader
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Comments
Henry_Ross
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Hello, excellent.
Good idea!
Thank you!
alirezakohany
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good bro <3
YMGroup
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Cool idea
AtlasTrades
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I agree with your opinion
Mahtab_Tradia
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Nice one! Thanks
Mihai_Iacob
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Great call
I have the same idea
alex9xd9
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tkx !!!
Signal_Forex
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Verry good
financialflagship
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Excellent analysis! πŸ”₯πŸ”₯
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