Ethereum broke resistance area and confirmed uptrend! Next target $360 and $450.

in #ethereum7 years ago

About 3 hours ago this Ethereum trading idea got published and so far it´s exactly like expected. ETH broke an important resistance and so confirmed it´s bullish trend and will probably reach old ($420) and new highs (> $450) soon.

This is the idea/prediction

I give it a new try and be long now.
Got in at $299 after I sold last time at $303

Japan and China will wake up soon.
Europe is already go to sleep without much downward movement.

Volume is increasing. Symmetrical triangle is closing.
Bitcoin is again at an all time high.
Other alt coins like NEO 1.61% , PAY and OMG 1.05% going down or stagnating.

Seems to be a good moment for ETH.
Trend will be confirmed if we break resistance at $303-306.

My targets are $310, $340 and $360.

Tight stop loss is at $293.
In best case this is a RR of 1:10.

Do your own risk analysis.
Good luck!

And this is the current situation

Enjoy your trades! :)

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I agree with this! eth is doing v well

Spread the word. Resteem and upvote it please if you want. <3 :)

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