ModesTr6d9r

ETH Triangle Breakout targets

Long
ModesTr6d9r Updated   
BYBIT:ETHUSD   None
Ethereum 2.0 making ETH more stable or less stable, we will see, we need traders to push the price higher therefore this brakeout is going to dictate the price range in the next few weeks.
Currently we have a brakeout candle that needs to close above 605, an the next as well in order for us to have a confirmed brakeout to the upside. Full range of brakeout is over 750usd. If by any chance BTC dumps below 18000, expect a dump to around 470usd on ETH.
Not financial advice.
Like, Comments appreciated.
Comment:
Mayhem.
Price consolidating one Fib level lower. around 550. if we e a coninuation, first it will be 500, then 470, such a shame for ETH after the 2.0 Beacon lauch. 800 for now sounds like a distant dream, we need to conquer back the 600 levels.
Trade active:
Tartgets still in play, although currently I suspect that we are on the bullish side of the market, therefore I expect the upper tagret to be hit first.
Trade closed: target reached:
After sideways action the bullish target has been hit.
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