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HiteshMalviya

LONG ETH all the way to 250$ - Instanbul Hardfork next month

Long
HiteshMalviya Updated   
BITMEX:ETHUSD   None
Trend Analysis Chart Patterns Technical Indicators ETHUSD ethusdlong Ethereum (Cryptocurrency) ethereumlong
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trendanalysis chartpattern indicator ethusd ethusdlong ethereum ethereumlong
ETHEREUM Instanbul Hardfork is scheduled to activate on 4th Dec. ETHEREUM had recorded 80% price growth before the last hard fork update in the early year. Expecting something similar price action this time as well.

Looking at technicals:

- ETHUSD has formed a bull flag on the daily timeframe, the price has also formed a triple bottom at 152.5$.
- Golden cross formation(21MA+50MA) on the daily timeframe.
- MACD is bullish and indicating bullish continuation.

Trade SIgnal:

ETHUSD

Buy: 170-185$
Sell: 250-280$
STOP: 150$

Trade closed: stop reached
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