ETH Going Parabolic

4 thg 5, 2018

On the log channel ETH has been increasing at a linear rate. It's recently broke out of the linear channel and the rate of price increase has gained. The price is at a higher angle of trajectory, indicating that the price is possibly moving in a parabolic fashion. Further price action is required to confirm the parabolic move. Keep an eye out of breach of the parabolic SAR and bottom trend.