cryptoezvip

A Tale of Two Trails - Ethereum Analysis (ETH/USD)

BITFINEX:ETHUSD   Ethereum
Ethereum is trading within the perimeters of a bearish pennant.

A bearish breakout from the pennant could push price down to 375 or near. Here is how we trade it.

Buy: 375 or near

Take Profit #1: 440 (17.33% Gain)
Take Profit #2: 478 (27.47% Gain)

Stop: 358

On the upside, a bullish breakout or reversal from a failed bearish breakout could send price up to 443 and then 479. If it happens, we will only buy from the 443 pullback.

That’s all for now, my friends.

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Trade safe and good luck!

Gifts & Support:
BCH: qznk2nnuppn0xszpmx0ruvfzlh7z5ux8r527d05k3f

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