ETHUSD is heading towards the resistance line of a Triangle. If this movement continues, the price of ETHUSD could test 4522.5238 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
You would be well advised to confirm the breakout that has just occurred – do you believe the move through support to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 198.9799 but consider reducing the size of your position as the price gets […]
ETHUSD is heading towards the support line of a Triangle. If this movement continues, the price of ETHUSD could test 4493.4050 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.