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ETHEREUM All-Time Highs Tight Flag!!

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ETH with a Bullish flag consolidating at all-time highs. Beautiful 5ema ride & respect with great 50ema backtest printing a nice inside day with a consolidation candle. I have alerts set for a bid over 3,530 with a 1 hour close on expanding volume. Great 5ema respect and bounce, every tag since April 26 2021 have reacted with a support trendline. We’re currently 290 pips extended from the orange 5ema in this ATH consolidation. An entry for me will be a 1 hour close over level 3,530 previous highs and new resistance and close/at the 5ema in a new 1-hour candle. Since the 5ema has proven itself as trendline support with 10 candles closes above, the stop-loss would be 15-30 pips below the 5ema. TP would be into the 1.618 fib extension level. Will be updating as we go. Sharing humbling my POV and will gladly discuss with anyone if we agree or disagree, I'm a Full-time Life & Market student, always learning! Best regards and Happy Trading! Keep it simple 😉

トレード稼働中

ETHUSDT NEW ATH's 3537.13! The volume looks expanding as well. Trading setup and plan remain intact. Refer to the previous post. 😏