justatrader

ETHUSD: Time for the beast to yawn

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum , making some moves and likely to show a bottoming pattern in place. Watch the levels for a possible dip (last chance to get on the long side) for a move to $370.

Longer term descending triangle target reached, followed by a bounce and a higher low while forming an ascending triangle pattern at the moment. 370 should be an interesting level to watch. A breakout above this could see something bigger shaping up.

Neutral for now, long once the mentioned level near 135 is tested.

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