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a1Keith
Jan 10, 2018 7:11 PM

ETHUSD long Long

Ethereum / TetherUSBinance

Description

The Andrews Pitchfork is validated by the spike low that touches the lower parallel of the fork. Now we have an upward channel. The spike low reversed quickly so I infer that any correction will be brief.
Support could occur on the top of the pitchfork or the lower parallel of the channel. I will assess this in 8 or 9 hours
Comments
a1Keith
For comparison ETHBTC . It is in a very strong uptrend. It may get support on the upper parallel of the pitchfork.
It may bounce off the blue area. This would provide a long entry point
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