Ethereum (ETH/USD) Forming another Triangle - We will analyze, medium term, Target Break Prices - Key Days

In the last days Ethereum has formed a triangle again and we are going to analyze where its price could go after its break

Today it has touched the lower limit and its price remains low.

This analysis is medium term.

If we measure the height of the triangle and project the possible price break we could estimate a possible price target

Possibilities

Bullish

• Objective $ 280 dollars approx.

Bearish

• Objective $ 170 dollars approx.

• Intermediate objective $ 185 dollars approx.

What do you think?

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The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
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