Bluechipinvestments
Long

LONG ETH repeat bull run?

COINBASE:ETHUSD   Ethereum / U.S. Dollar
I wanted to share my thoughts about Eth. By the looks of the chart, its repeating the may 2017 bull run. In the One month RSI is oversold, in the short term there may be a retrace at $400, due to strong resistance. There was a retrace around $400 in the last bull run of 2017. The one indicator that leads me to believe we are entering a Bull Run is the GAP DOWN, ETH will fill this in the $800s (purple line).

We are breaking out of what looks to be a descending wedge!

This is for educational purpose, it is not tax or investment advise.


Enjoy
Symmetrical triangle
Reply
Thanks for the full fib

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