Crypto

ETH/USD Close above W H3 is Bullish

tarantula fx Head of Trading

August 28, 2018

Hi traders,

The ETH/USD has formed a bullish zigzag and it it is getting closer to W H3 camarilla pivot.

If the price manages to proceed above the W H3, it will be considered to be a bullish continuation move. W h3 stands exactly at 290.62 and the next target will be 302.78. A drop to the POC zone can be used for another long trade towards above mentioned levels. The POC zone is 276.20-277.10. A drop to W L3 – 266.30 will be considered neutral to bearish and that will be the last line of defense for bulls.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

Camarilla chart pattern cryptocurrency cryptos cryptotrading eth eth/usd Ethereum ETHUSD price action patterns price patterns support and resistance technical analysis trade setups trades trading trend lines zigzag