ETH More to Go HIgh (bullish Peanut)

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
In my previous analysis about ETH... We saw a Nice bullish symmetric triangle Breakout,,
ETH after the Previous High breakout reached 1.41 extension Fib level( Resistance) and now FOrmed Support at 1.27 Extension Fib level measure from 395 to 198... Market is still very Bullish SO it maynot be possible that we see again 400 soon
The next potential stop 517 which is extension FIB level (1.618)...
Risk/Reward ratio is very good for this trade...
Although if market isnt able to break the symmetric triangle( Bullish Peanut) and went down the next stop will be previous high ,,,
But ETH has formed a very good support at 450 level..
Good luck
Trade active:
Trade closed: target reached
Free Signals : https://t.me/forexs1gnalZ
For Premium Signals Telegram Group PM us
Like & comment if you agree with our Analysis
The call you made for hitting 517 was aces, well done
@jimeny, Thankyou
Man I think u mean PENNANT
@qdoc, samee thing
qdoc FxTicks
@usmanshahid, really ok no worries have never heard anyone call it a peanut before but i'm not a TA guy. Nice analysis ;-)
@qdoc, np thankyou
qdoc FxTicks
@usmanshahid, ;-)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out