Senor_G

ETH/USD Near-term Forecast

Long
COINBASE:ETHUSD   Ethereum
After 6 months of studying charts/TA I decided it was time to create and publish my very own first chart and analysis.

ETH continues its upward trend after recently rejecting the 50 EMA and testing resistance on the 20 EMA . Currently looks as if some consolidation is occurring on lower trading volume . Watching closely to confirm potential bullish pennant or ascending triangle patterns.

Please comment below if you have any feedback and/or constructive criticism. It is welcome and appreciated!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.