We finally broke this significan chart pattern. After a very long consolidation, ETH has start to move.
Volume increase confrims the pattern breakout.
- MACD has turned slightly bullish
- Stoch still solidly in the overbought area signalling a strong momentum
- RSI is bullish
- CCI has bounced bullish
The first target is a retest of the ATH, 390 dollars.
If we break with solid volume over 400 dollars a likely target is at least the 650 dollars mark.
Trade Safe.
Volume increase confrims the pattern breakout.
- MACD has turned slightly bullish
- Stoch still solidly in the overbought area signalling a strong momentum
- RSI is bullish
- CCI has bounced bullish
The first target is a retest of the ATH, 390 dollars.
If we break with solid volume over 400 dollars a likely target is at least the 650 dollars mark.
Trade Safe.
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