infbp22
Long

ETH: Bullish longer term outlook

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Hello everyone! Been feeling better about ETH lately. It's been finding very strong support/bounces off this ascending purple line. It has been in a large descending wedge and has broken out with this line as support. I expect it to go the length of the wedge height. This would be a 2-3 month swing trade and I would target close to $700 USD or over 50% if entering now. Placing my stop below the purple line. As BTC begins its reversal/bull trend, it tends to decouple a bit from ETH to allow it to do its own thing.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out