ETHUSD Perpetual Contract
Long
Updated

ETHUSD. I like

79
Okay ya. Looking good, let’s watch
Note
So a little more explanation:

ETH price is developing in a very well defined rising channel.

High TF like D1 illustrates that the rising channel will be crossing the flat top at 193

The 193 level has already provided resistance several times so I expect bearass getting weaker with every new touch.

This creates a opportunity for a breakout.

The large picture still stands, there is the “W” in place which should send price to 226.
Note
WTF, am I the master of trend lines? I’m being goddamn serious, starting to take this shit seriously

Almost to the pip

snapshot
Note
Btw this is the same chart but zoomed in via H1 time frame

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