BITFINEX:ETHUSD   Ethereum / U.S. Dollar
We have 3 pattern at ETHUSD            

#1 Inverted head & Shoulders pattern ( bullish pattern )
This pattern perform with bad uniformity, but still valid as bullish reversal pattern.
Break neckline as bullish confirmation at 311.76, with projection at 349.20
To enter trade, buy after 311.76 break up

#2 Ascending triangle ( Bullish pattern )
this coin perfrom ascending triangle , and if it break up target at 349.20

#3 ABCD fibonacci retracement pattern ( bullish pattern )
We have AB=CD pattern perform here with target at 326.34
if this coin drop support at 298.05
Trade closed: target reached: this analysis close, target reach
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I'm starting to find this market a little scary at this point. It's gotten bullish to the point where many cryptos are so ridiculously overpriced that when the correction comes, it will likely be of epic proportions.
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yet looks like none of those patters applied....At the end it did reach but not the way it was predicted
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@MMdf, What pattern is 100% correct? Consolidation is always possible, fake outs and so on.
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Thanks for the new info
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what about new target ? :)
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BuLiG cricfan
@cricfan, yup i would like to know too about new targets :)
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Possible to go to $290 or if that fails, $275 before bouncing
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Looks like all three patterns failed!
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@moneyideas, maybe it's a bull flag, not that btc has hit target could mean strong hedges boom? I.E. Eth bounce.
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moneyideas Mikelikescrypto
@Mikelikescrypto, I don't think ETH will go much lower than it already is. buying in here around $280 and waiting for its run.
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