In this highlighted zone on the chart we can see a number of clear candle patterns that indicates push in price expected further along . Not only that, but also recent RSI inactivity tells us that you can strongly expect price changes, because of the whole market conditions (bitcoin up to 41k) supports this move up in a day or two. If you look closely to the volumes, you can additionally see some insights on what's going to happen. All of these factors, in my opinion, make this a perfect position to go in ETHO and trade. Layed out some TP/SL, but these are mainly for your own decision-making.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.