DrDovetail

Ethusd flirting with major double bottom neckline

COINBASE:ETHUSD   Ethereum
ETHUSD reached withing 1-1&1/2 pips of my last measure move target($419) from the 1day chart inv h&S pattern it successfully broke out of. . .if ethusd can keep price action above this purple neckline and confirm the double bottom breakout it could climb to $674 probably within the next couple months....but being right at the neckline, it can also easily get reject here slightly and correct under the neckline for a little bit. . .Im guessing if it will take a weekly candle or 2 above the purple neckline to confirm the breakout then it should rise to the target over the following couple weeks or so after it confirms but for now I can not long this until seeing that confirmation.
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.