EthereumLong
ETH ascending triangle
Ascending triangle:
Other technicals:
Price target: 50.52% (A>B) * 70% = 35.3%
TP at every 1:1 RR
- Break even failure rate for up breakouts: 17%
- Average rise: 43%
- Throwback rate: 64%
- Percentage meeting price target for up breakouts: 70%
- Volume: Trends downward at least 78% of the time
Other technicals:
- RSI trending above 50
- Price started month above P and has broken several levels to the upside. A break + test of R4 could signal trend continuation into higher prices.
Price target: 50.52% (A>B) * 70% = 35.3%
TP at every 1:1 RR
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.
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.