VladimirRibakov

ETHUSD Forecast

Long
COINBASE:ETHUSD   Ethereum
D1 - Bullish trend pattern followed by a correction in the form of consolidation. Currently, the price has broken above this consolidation.

H4 - Bullish trend pattern followed by a double wave correction. The price has broken above the most recent downtrend line.

H1 - Bullish trend pattern, expecting further continuation higher after pullbacks.

Invalidation - If the price moves lower, breaks, and holds below the 61.8% (236.41) fibonacci retracement level of this bullish trend pattern in one straight leg then this bullish view will be invalidated.

Comment:
The price action followed my analysis and delivered an amazing move to the upside!

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