ETHUSDT 1H Chart.. I Hope The Bulls Managed Invalidate H&S
Updated
I have been watching ETHUSDT these past few days.. First, I can see it broke down trend line. Many good news in HF.. But, unfortunately Bitcoin's movement affecting Ethereum. But now we can see a promising candle around the neckline.
Price floating above the green cloud, indicating re-inforced uptrend. If current price is healthy correction, it touches support line which offered by Ichimoku Cloud. To be honest, I'm worrying one thing, it broke ascending parallel channel. Still, hoping it's only a noise where scalper making action.
I hope H&S failed to be formed.
Price floating above the green cloud, indicating re-inforced uptrend. If current price is healthy correction, it touches support line which offered by Ichimoku Cloud. To be honest, I'm worrying one thing, it broke ascending parallel channel. Still, hoping it's only a noise where scalper making action.
I hope H&S failed to be formed.
Note
Seems support offered by Ichimoku hold it.. let's see how it goesTrade active
Target $336Note
I think it's now forming triple bottom pattern, upon failing the H&SNote
change target to $350Note
pinbar appears during downtrend, followed by white (green) candle. indicating bulls are strike back the bears.
Order cancelled
Closed at $311I don't think the trend still valid since Yobit announced will open BTG trade in 70 hours. will see another opportunity next day.
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.