Ethereum (ETH) Bullish Breakout of Bull Flag/Pennant Buy Signal
Ethereum (ETH) Bullish Breakout
of Bull Flag/Pennant Buy Signal
Bull flag breakout of a bullish continuation pattern. As per the measured height method (flag height added to breakout price), ether could rally to $1,050 levels. RSI is well short of the Jan. 1 high (overbought conditions), indicating scope for the rally. Higher lows create rising trend lines and upward sloping 50-day moving average favor further upside in ETH prices.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
of Bull Flag/Pennant Buy Signal
Bull flag breakout of a bullish continuation pattern. As per the measured height method (flag height added to breakout price), ether could rally to $1,050 levels. RSI is well short of the Jan. 1 high (overbought conditions), indicating scope for the rally. Higher lows create rising trend lines and upward sloping 50-day moving average favor further upside in ETH prices.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading
Trade active
Trade closed: target reached:
I'm Staying LONG Ethereum
Reason being: I did a test this week sending several different currencies from exchange to another and Ethereum (ETH) blew away the top bitcoin tokens in speed at only a few minutes to confirm 40 times.
Reason being: I did a test this week sending several different currencies from exchange to another and Ethereum (ETH) blew away the top bitcoin tokens in speed at only a few minutes to confirm 40 times.