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g0nzo
Jul 15, 2021 6:59 AM

Possible Breakout for Eth Long

Ethereum / TetherUSBinance

Description

few things lining up here. bullish divergence in the daily macD, along with the midline of the falling channel we have been trading in since the crash crossing a macro support level that was most recently used as support before the run to all time highs.. couple other macro support levels down below should we get squeezed down. always have to be careful longing breakouts like this in a downtrend, just something to put on the radar
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g0nzo
g0nzo
to clarify, not thinking we will breakout at the fib circle line, just that we should start forming a symmetrical triangle at the yellow line
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