Long analysis on Etherum ( ETHUSD ) and what the charts are saying. The candlesticks , chart structure and our indicators are telling us that ETHUSD can go on an up wave soon. We don't know if we will challenge new highs, this depends on the overall market and Bitcoin , but there is good potential here backed up by changing market sentiment and huge volume , the biggest volume Etherum ( ETHUSD ) has seen since March 2017, when it all started, that Etherum can have a massive bull run...
Trade instructions for ETHUSD by Alan Masters
Buy in: $219 - $233
Targets:
(1) $263
(2) $353
(3) $463
Note: More targets available for PREMIUM supporters.
Stop loss: Close below $196 on the weekly.
Capital allocation: <10%.
Notes:
Please allow time for this trade to develop.
Always make sure to diversify. Please read our articles under the "education" category to learn the basics on how to trade.
Raise stop loss above buy in price once we start to hit our targets.
Feel free to contact me if you have any questions.
Alan Masters here...
I love you!
Namaste.