ETHUSD surprised me....I was expecting some more downside on the short term (see link below) as it was in a corrective flat pattern.
But it broke out to the upside and retested the trendline and seems to be heading towards the top of this pennant.
Longer term I'm expecting a break to the upside towards the blue box.
One more corrective leg is still possible, therefore watch priceaction if price nears upper trendline of pennant.
Less is more ;-)
Happy trading!
But it broke out to the upside and retested the trendline and seems to be heading towards the top of this pennant.
Longer term I'm expecting a break to the upside towards the blue box.
One more corrective leg is still possible, therefore watch priceaction if price nears upper trendline of pennant.
Less is more ;-)
Happy trading!
Not
Hmmmm.....Right after posting this, BTC started dumping and took ETH down. Looks like my previous chart might become valid again 
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.