Today why i'm going to talk about ETH ? Let's find out with some logical analysis.
by the chart pattern analysis we can see a beautiful pattern for those who are interested in long . we can see a ASDAM & EVE pattern . the pattern is already showing us that it has breakout it's resistance line . if it take a correction it could go down to 3541.18$ how ever it is on 4063.20$ . but the pettern is showing clear bullishness . which could go to 6536.66$ .
Now let's watch out TOTAL2 analysis . in this graph analysis we cen see a CUP & HANDLE chart pattern . which is a sign of bullishness . i have also given a resistance line wich is on 1.69 T . market is on 1.6 T which is near to our resistance break out . if it breaks out there will be possibility to 3.55 T & ETH will hit the moon .
let's watch out BTC.D analysis . in the below graph we can see btc.d has created a rising wage . we know that rising wage is a bearish pattern . in this chart analysis we can see that it could go down to 48.96% it means ALTS coin is bullish . ETH is also a ALTS coin . it means there is a high possibility ETH will give a long jump .
As we can see that usdt.d has created a head and shoulder pattern . as we know that it is a clear sign of bearishness . it means usdt.d is getting down . investors are more interested in volatile coin . by the chart we can see that usdt.d is on 3.80% . analysis showg that it could go down to 1.58% . it means ETH is bullish .
According to my analysis Eth is bullish . so i'm going to hols a long position on ETH .
Entry Point : 4070 $
TP: 4800 $
TP: 6300 $
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