Ethereum
Long
Updated

Daily chart show a bought signal on Ethereum!!!

292
Ethereum in Daily show us a good signal to buy Ethereum approximately between $380-$383.

snapshot

As we see in Daily, Ethereum is into this bearish channel, but the expectative show that Ethereum in Daily using the price action is prepare for the next massive bullish movement!!! We see a bullish hammer, that mean that investor bought Ethereum!!! We could see that Ethereum is prepare it.

snapshot

Now, in weekly timeframe we see that Ethereum is formed a next bullish movement. In weekly is bullish and we hope that Ethereum go up!!!

So, I following the Daily chart and I have my position at $380 USD as my buyr oder limit with a SL at $367 USD and my target profit will be $418 USD.

So, Ethereum show a good trade between this and the next week.

Trade active
My trade is active right now. So, to the moon on Ethereum!!!

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.