UnknownUnicorn6061584

ETH|USD - Ascending Channel

Long
BITSTAMP:ETHUSD   Ethereum
Greetings. Please leave a Like if you like the idea

Overall we have a price in Ascending Channel. For now price got rejected by the mid line and we can expect the lower boundary to be tested. We can go short here with stop-loss above the mid line

If we have a confirmed retracement of the lower boundary of an ascending channel, also the horizontal support zone. It can be an opportunity to catch the retracement and go long

Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.

Peace Out!

Not a Financial Advice
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.