As I said in my previous analysis, as long as 1100 is intact, Ethereum is bullish. The structure for the coin is becoming more and more clear and bullish with a confirmation of a double bottom in place once we have a daily close above 1300. In such an instance 1500 is my first target, a level given by the horizontal resistance and the measured target for the pattern, followed by the 1650-1700 zone. A higher low should be in place now at 1240 and this bullish outlook is intact as long as the price stays above this level.
Hello, I completely agree with your bullish bias on ETHUSD. I am looking to buy and take profit at 1490.14, which is slightly above the 61.8% Fibonacci line. Please consider my suggestion:
Mihai_Iacob
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@desmondlzw, Thanks for posting your idea. Yest, around 1500 is also my first target
Tradersweekly
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Going short would be very attractive if it went up that much. Thanks for sharing.
DeGRAM
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Thank you for sharing your analysis. Great job!
AtlasTrades
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Looking good to open good position, now I know in which side