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ptk921

Ethereum macro pennant

Long
Ethereum (POLONIEX:ETHUSD)  
ptk921 Updated   
POLONIEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns macro LOG
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trendanalysis chartpattern macro log
Macro log perspective on ETHUSD shows a massive bull pennant forming since April 20.

Pole height: ~$400
Breakout around ~$350 (conservative)
Price target: $750
Major support: $300

Solid R:R here
Comment:
Testing resistance now. If bulls fail to break, I'll be setting buy orders around 320.

I am relatively new to TA. Constructive criticism or different perspectives are much appreciated.
Comment:
** If bulls fail to break out of the pennant, I'll be setting buy orders around 320. **
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