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ARESABI
Jun 22, 2020 7:16 PM

ETHUSD - Repeating Pattern (Trend Based) Long

Ethereum / U.S. dollarBitstamp

Description

The price of Ethereum (ETHUSD) is moving towards the previous high at 253.43 with a strong impulse.
This move is supported by increasing buy volume and a Bullish Crossover of the EMA 20 and the MA 50,
which lead to a price increase of 23.58%.
According to this idea, we can use the green zone to enter a long position with our previous high (253.43) as the first target.

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Disclaimer: Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only

Comments
MartyBoots
Would really love to see how this plays out. Been carefully monitoring this as well. Here's my take on this
PavelBodo
you made good analysis) it's my eth analysis
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