ETH USDT 1hr Short Term Outlook

7 thg 5, 2018

>I'll be focusing right now on the shaded triangle area, since a lot of possible support/resistance trend line & Fib levels available.
> ETH is making a push, I'll wait if it stays below or above my dashed trend line (760 area)
>It already broke my green resistance trend line (744), and surprisingly pushing to break the violet one around 755 area.
>I'm very optimistic the is a good sign for this week, since Consensus 2018 is almost there.
>But, Eth should have at least 2 4hr stick above 760 to confirm another breakout.
>As of now I'm still looking for another sell off going to 710-725.

*Reminder
>Please be always cautious of your entry and exit trades since ETH most of the time moves almost the same with BTC -2.28% 0.59% -0.92% -1.54%

**Disclaimer;
>This is just my 8th TA, still a novice work and definitely not a financial advice.

**Comments and constructive criticism will be fully appreciated so I can improve more with my TAs. Thanks for checking my work!