RawZMoeTow

ETH bull pendant?

Long
KRAKEN:ETHUSD   Ethereum
ETH has had some nice consolidation, along with most other cryptos in the space. A couple things i'm looking at is the golden pocket retracement, if we break down, with a target of 182, at which I will buy A LOT more ETH, or sit on my bags if we break up, target out of the triangle pattern is 331.71, target out of the bull pendant is 452.93. my long term/ minimum take profit target is still at the 1800 level. one thing on the short term, one bearish case indicator is the bear cross on the MACD, but, with how strong the EMA's look, it can turn down while we trade sideways for some time.

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