Ethereum has had a nice run over the last few weeks but has stalled in these last few days. This stalling looks to have created a bull flag. This bull flag will only be valid upon a break of the black line at .08495. After that I'm confident price will hit the first target and potentially more, as that is a rather conservative goal.
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Have not entered the trade yet as the stop was never hit. Still waiting to see if it will bounce and if it does, it could finish the triangle and potentially hit the stop. Not sure if it will or not so waiting on that.
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Stop has been hit and currently in profit. Still riding out the trade waiting to hit the 1.272 fib