ETHUSD: An upcoming RESISTANCE'S BREAKOUT!
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis📈 and Trading Tips📉, support the idea hitting the LIKE👍 button and don't forget to SUBSCRIBE✔️ my channel, you won't miss anything!
🟢Forex Pair:
ETHEREUM/USD
⚪Technical Analysis:
Since the 10th of February 2021, the price has been consolidating, trying many times to break through the level at about 1850.
On every rejection, the price made a higher lower, creating an interesting ascending triangle pattern.
The price is currently re-testing the main resistance zone with a possibility to see an upcoming breakout and trend continuation.
🔴Conclusion:
The price is getting high bullish volatility and I'm confident to see a breakout of the main resistance zone.
Overall we are still in uptrend over the ema 200 and I'll be waiting a breakout of the current level before planning my long position on this trade.
Stay tuned for Updates and Trading Signals!
What's your opinion? Share your idea writing a comment!
⚠️Please note the views are not investment advice and should be used only for educational purposes⚠️
Trade Safe and Responsibly,
Gianni
🟢Forex Pair:
ETHEREUM/USD
⚪Technical Analysis:
Since the 10th of February 2021, the price has been consolidating, trying many times to break through the level at about 1850.
On every rejection, the price made a higher lower, creating an interesting ascending triangle pattern.
The price is currently re-testing the main resistance zone with a possibility to see an upcoming breakout and trend continuation.
🔴Conclusion:
The price is getting high bullish volatility and I'm confident to see a breakout of the main resistance zone.
Overall we are still in uptrend over the ema 200 and I'll be waiting a breakout of the current level before planning my long position on this trade.
Stay tuned for Updates and Trading Signals!
What's your opinion? Share your idea writing a comment!
⚠️Please note the views are not investment advice and should be used only for educational purposes⚠️
Trade Safe and Responsibly,
Gianni
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.