Daily Analysis on ETHEREUM (ETH/USD) by ThinkingAntsOk
Use this as a guide to develop your view of the chart.
Main items we can see on the daily chart:
a)The price has broken a descending Wedge pattern (bullish Signal)
b)The price Reached our previous bullish daily Target (check link to related ideas)
c)At current levels, we can wait for a correction movement towards the ascending trendline to then proceed to the next support zone / Or we can keep watching a robust bullish move towards the next support zone.
d)Our Main view on ETHEREUM and BITCOIN keeps bullish after the breakout of daily structure on both.
Main items we can see on the daily chart:
a)The price has broken a descending Wedge pattern (bullish Signal)
b)The price Reached our previous bullish daily Target (check link to related ideas)
c)At current levels, we can wait for a correction movement towards the ascending trendline to then proceed to the next support zone / Or we can keep watching a robust bullish move towards the next support zone.
d)Our Main view on ETHEREUM and BITCOIN keeps bullish after the breakout of daily structure on both.
