ETH going to break and close daily above the strong resistance..
Hello dear traders
ETH moving in the upward channel after deep correction in the last few weeks.
ETH after that breakout of the symmetric triangle and go up to break the resistance zone between 393-399, but couldn't close 4h above the resistance and in my view need some correction for going to touch the top of the uptrend channel.
ETH got support by ma 100, 200 at the bottom of the channel, and pump to the top of the channel in the symmetric triangle. In my view, there are some reasons for pumping after correction to the bottom of the channel and go up again above the moving averages and cloud of the Ichimoku...
when seeing the chart and triangle we can see there are the symmetric triangle and breakout in the wedge of the triangle and we can imagine AB=CD and ETH going to touch and break the channel and all targets between 401 -411-424...
ETH moving in the upward channel after deep correction in the last few weeks.
ETH after that breakout of the symmetric triangle and go up to break the resistance zone between 393-399, but couldn't close 4h above the resistance and in my view need some correction for going to touch the top of the uptrend channel.
ETH got support by ma 100, 200 at the bottom of the channel, and pump to the top of the channel in the symmetric triangle. In my view, there are some reasons for pumping after correction to the bottom of the channel and go up again above the moving averages and cloud of the Ichimoku...
when seeing the chart and triangle we can see there are the symmetric triangle and breakout in the wedge of the triangle and we can imagine AB=CD and ETH going to touch and break the channel and all targets between 401 -411-424...
Trade active:
3 levels touched...ETH going to correction.
