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FOREXunlimited
30. Dez. 2017 14:34

#ETHUSD Consolidation Continues Long

Ether / United States DollarCoinbase

Beschreibung

Very clean price action- these lines draw themselves. Consolidation leads to big moves, as one side will be caught off-guard when the break occurs.

Noteworthy:
100EMA carry
Yellow price action range
Blue triangle consolidation pattern
Stochastics (momentum) still elevated

Kommentar

Doji candles printing now. Breakout coming soon.

Kommentar

More and more this is looking like the beginning of the big "uncoupling" from Big Brother Bitcoin.

Kommentar

Not a forceful break of the upper channel, but seeing the 20EMA start to carry price is bullish.
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