Ethereum
Long
Updated

ETH Long priming

108
This beautiful range about to blow to upside, awaiting this to breakout but already the fibbonacci providing profits on the sidelines... If bitcoin can remain above 40k then we could see eth rise up through this area of resistance and could see volitily to the upside.
Note
Broke to upside... nice. lets see the level support and continue.. yesterdays fake out was stabalised... lets see it move up strong this time... snapshot
Note
'STEP UP' fibbonacci levels...
snapshot
Note
nice, reached the first target there. suspect this is retest of support /resistance

snapshot
Note
Hit that target twice now, moved away nice from the trendline.... very powerfulmove to upside with lot of volume. snapshot
Note
nice snapshot
Note
keeping an eye on this retest: could breakdown (waiting for a better entry / addition) but ready if breaks out... snapshot
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.