oldstout
Long

ETH breakout?

KRAKEN:ETHXBT   ETHXBT
ETH is just before breaking downtrend line.
Inv unregular HS is easy to see***. Neckline as a actual downtrend line.
.0043-.0045 price is acting good as a support.
We can also see that triangle is about to end soon.
Buy support is rising at poloniex and whole price actions looks like it's not going to crash soon.
Bullish short/mid target is attack to actual ATH             . .007 should be reasonable target to sell if bullish scenario will occur (breaking .0062)
Targets:
-break line (up from inv HS)
-break above 1h ichi cloud
-above 1h BBands

-attack to previous H ~.0062

***It's more like descending wedge, not inv HS ofc! no need to see drunk HS everywhere...
btchoulala
a year ago
Cool charts!
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Good job!
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