MJI786

ETH Loading up for another run!

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Here's a quick look at ETH 1 hr chart. As we can see, the price has been oscillating in a symmetrical triangle for some time now, and we might see a move to the upside soon. The best entry would be at the breakout point from the triangle - If the price breaks out from the triangle, We will then very likely see 2700$ ETH! Keep an eye on this one!

The idea is: Buy the breakout from the triangle and Take profits at the levels shown in the chart.
Targets:
1. 2700$
2. 2545$

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Comments

Can your targets also be reversed towards a SELL should the price break out downwards?
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Agreed, thanks for the clear chart its neat.
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Great idea
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MJI786 Th57Trader
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