ETHUSD next target $1.600
Haven't been posting here for quite some time, but lets do a new ETH chart ;-)
Price bounced yesterday in the blue box.... A week ago, had that box in my chart but never expected to get that low! At gives me confidence in the next path for ETH.
I'm expecting a 5 legs up towards that yellow trendline, a correction, followed by more upside which completes the bigger 3 legs up. Breaking the yellow trendline upwards is key for higher targets.
As you know from me: less is more ;-)
This chart is not directly a tradingadvice, perfect buy opportunity was yesterday when I shared this set up with our group members. Chart is more for myself to see if my expectations come out and to follow it here.
Price bounced yesterday in the blue box.... A week ago, had that box in my chart but never expected to get that low! At gives me confidence in the next path for ETH.
I'm expecting a 5 legs up towards that yellow trendline, a correction, followed by more upside which completes the bigger 3 legs up. Breaking the yellow trendline upwards is key for higher targets.
As you know from me: less is more ;-)
This chart is not directly a tradingadvice, perfect buy opportunity was yesterday when I shared this set up with our group members. Chart is more for myself to see if my expectations come out and to follow it here.
Note
Update: pattern changed slightly 
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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.