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asquaredps

BULL FLAG AND BREAKOUT

Ethereum (BITSTAMP:ETHUSD)  
asquaredps  
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators
2
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trendanalysis chartpattern indicator
As we can see from the chart a bull flag was formed and a breakout as already occured.
However there is still some resistance on the $1,200 - $1,230, which has proven to be a sufficent on, so i would be wary
We might see another consolidation here
Nonetheless, we could potentially see a 22.07% increase in price

THIS IS NOT FINANCIAL ADVICE!!
BE CAREFUL!!
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