Nikitoks

ETH/USD Pennant pattern

Long
COINBASE:ETHUSD   Ethereum
It seems that pennat patern is formed and is ready to breakout, so we can wait for strong uptrend movement.
We have psychological and technical resistance level at $500, so look out at price movement.
MACD confirms uptrend movemnt.

If we have a strong volume with a price over $515 I would dive into this trade.
My targer is $610 with a stop loss $480.
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