BIG Bull Call on Ethereum! 8/1 R/R Daily
I have not posted in a long while but here is one big call on Ethereum for you guys.
A big bullish setup 4 months in the making. The market is now in the "funnel" (big green area) and a breakout out IF we get a breakout out of that zone that will trigger the pattern long. Do NOT enter before that! There are still 2 other patterns that have yet to make their targets, but it has been delayed a bit since the market has been setting up this huge pattern, Traget 1 (440) and Target 2 (452) These are projected targets of those previous two patterns and might be levels at which the market will struggle a bit and maybe put in a retracement. The main target for the big setup is (551 with the level 1 at (483). The market might find resistance at this level and pause for a while as it often does.
Happy trading. Trade safe & smart.
A big bullish setup 4 months in the making. The market is now in the "funnel" (big green area) and a breakout out IF we get a breakout out of that zone that will trigger the pattern long. Do NOT enter before that! There are still 2 other patterns that have yet to make their targets, but it has been delayed a bit since the market has been setting up this huge pattern, Traget 1 (440) and Target 2 (452) These are projected targets of those previous two patterns and might be levels at which the market will struggle a bit and maybe put in a retracement. The main target for the big setup is (551 with the level 1 at (483). The market might find resistance at this level and pause for a while as it often does.
Happy trading. Trade safe & smart.