team_USA

Ethereum bullish flag - ~35% profit target

Long
BITFINEX:ETHUSD   Ethereum
profit target based on pattern projection labeled on the chart as well as stoploss.
ETHUSD may be seeing this movement due to the market speculating a potential futures release in the near future, similar to the announcement and upcoming release for Bitcoin.
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.