Ethereum (ETH) Price Update: Breakout Price Target
trading·@devytan·
0.000 HBDEthereum (ETH) Price Update: Breakout Price Target
Hi guys! Here are my thoughts on ethereum for today. ## ETH - Daily Chart Tools used: **Trend-Based Fib Extension** and **Trendlines**  Note that not like bitcoin, ethereum is still inside the bull flag. Nonetheless, there is an ascending triangle pattern forming on the daily chart. I've pointed out support, resistance and price target roughly on that chart. So far the support is holding pretty well but only time will tell if this breakout is going to happen or not. My guess is if bitcoin starts making higher highs (above $11,750 price area) we might see a breakout and ethereum probably going to follow soon. ## Disclaimer You know the drill guys. This is just opinion and not a financial advise. Do you own research and decide your own trades. Cheers!
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