A Massive triangle is about to be broken on ETH daily chart. It is a huge formation created throughout last 4 months with a potential range of almost 100%.
Ignition sequence has already been started and a liftoff should be triggered at new ATH.
I must say that I sit with long since 320 USD and did not expect to get that far :)
As of now:
Entry: 380 USD with close short
Target 1: 393 USD To move stop to 380 USD
Target 2: 680 USD
RSI shows increasing market power.
MACD shows higher hights.
If all goes as planned Target 2 should be reached by XMass
Ignition sequence has already been started and a liftoff should be triggered at new ATH.
I must say that I sit with long since 320 USD and did not expect to get that far :)
As of now:
Entry: 380 USD with close short
Target 1: 393 USD To move stop to 380 USD
Target 2: 680 USD
RSI shows increasing market power.
MACD shows higher hights.
If all goes as planned Target 2 should be reached by XMass
Trade active:
Liftoff :)
