Get started
KurtisDunphy

Ethereum (ETH) - Parabolic Trend Line

Ethereum / TetherUS (BINANCE:ETHUSDT)  
KurtisDunphy  
BINANCE:ETHUSDT   Ethereum / TetherUS
Trend Analysis Chart Patterns Ethereum (Cryptocurrency) parabolic curvepattern ETH
8
1
trendanalysis chartpattern ethereum parabolic curvepattern eth
The price of Ethereum (ETH) is increasing at an exponential rate - parabolic. A curved trading range has formed that can be used to determine the possible boom & busts of the asset.

SHORT/TAKE PROFIT: When in close proximity to the RED trend line.

LONG: after a confirmation bounce from green trend line.

STOP LOSSES: When a significant break of the parabolic trend line is made.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.