jojofang0901

ETH Is there another up move potential ?

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BITSTAMP:ETHUSD   イーサリアム/米ドル


Hi traders:

From my previous ETH analysis, price indeed broke out of the HTF reversal structure, and continuation to the upside.

This is good indication of a bullish price action and continuations, as long as we can see some sort of bullish correctional structure to form.

Latest price had a clear break above the previous high, and now is start to consolidate.

Be patient here as we wont know how deep/long the next correctional phase will go, but if the correction does finish, it will give us a good opportunity for the next buy potential.

Thank you

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