ETH/USD: Bullish trend continuation
Updated
I identify that Ethereum break up the santa EMAS and their price it's above of it. So, Ethereum it's bullish from H4 timeframe. You can to put a buy order limit to $3,072 USD and your SL to $2,950 USD. And you target you can put your target to $3,350 USD. If you make that, you can to get a risk/benefit 1:2. And that it's a good proportion to trade Ethereum very well.
Meanwhile, in Daily timeframe we formed a symmetric triangle of accumulation pattern. So, Ethereum it's look bullish from hourly timeframe.
So guys, I will trade cryptocurrencies from H4, H8, Daily and weekly timeframe as I like to trade like Day trader and swing trader. And also, in the future, I thinking to combine cryptocurrencies with stock market. Applying the same concept, cryptocurrencies and stock market are similar market.
Meanwhile, in Daily timeframe we formed a symmetric triangle of accumulation pattern. So, Ethereum it's look bullish from hourly timeframe.
So guys, I will trade cryptocurrencies from H4, H8, Daily and weekly timeframe as I like to trade like Day trader and swing trader. And also, in the future, I thinking to combine cryptocurrencies with stock market. Applying the same concept, cryptocurrencies and stock market are similar market.
Comment
I will closed up my buy order limit and wait for next opporutnity to long. Because Ethereum forming a bearish candlestick that could to find down to 3020 USD.
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