Emel67

ETHUSD long

Long
Emel67 Updated   
COINBASE:ETHUSD   Ethereum
ETH is ready to break out of the EMA ribbon, which it hasnt done so for months. Once this is achieved, there is no VPVR resistance until high 160s. I would enter a position at 142 (Bitmex) and TP would be 168, 170,172.
Comment:
Trade can now be closed at 80% profit (20x leverage). Further TP targets might be 152 up to 168.

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.