EddieTradez

ETH bullish channel ranging: buy on trend breakout & retest

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
ETH / USDT looks ok in a tight channel range in a bullish angle. If it breaks the trend and bounces on the retest to new ATH, I expect it to consolidate a little further before a fake out and then push to new ATH.

Potential to start averaging in positions here or to wait for confirmation on retests after breakout of short term trend line or retest of ATH after breakout.

I have a small position from the 1500 area, not adding more yet but waiting for market conditions to tell me the pumps are back.

ETH may lead the way.

Right now all eyes on BTC

@eddietradezz
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