things are going the same as we discussed in our last eth chart.
now there are high chances of jumping price from bottom support to 1500 $ if eth continues this trend
ps: please keep looking at charts and check for breakouts to make max profit
ps:I'm not a financial adviser your trade your risk
as you see last 2 times eth fall by 20+ % after rising wedge breakout probably chances of the same pattern is high.
you can conform it after a breakout
ps: I'm not a financial adviser trade at your own risk.
as we see in the 1 hr chart there is a channel which eth is following if it breaks the resistance line then take long otherwise go for short till 50% of the support of full support. it depends
ps: in not financial adviser your trade your risk
As you saw our last target is achieved
now you can take a long entry in eth as we see rsi and macd is indicating that eth is going high and volume load is macd is decreasing and a very strong support line is still unbroken so this is the perfect time for long entry our target is resistance line you can go upto70% of that
as discussed in the last eth chart out triangle broke upwards and we hit all our targets
now as you see we may play a short trade for little profit because of the resistance line of that channel.
Exit: 1320 (1330 for safer side)
according to my chart analysis, the chances of ETH reaching 1500 is very high in the next 4-6 days