ETH can be seen to trade in a large ascending triangle and in theory this is bullish, if wee do see a breakout to the upside that will take ETH to new ATH's. We are currently looking at an interesting trade opportunity around the 1270 area which is the bottom of the trend line and lines up perfectly with a strong level of support as well as the 4hr ichimoku cloud.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.