Ethereum
Long
Updated

$ETHUSD broke strong resistance, up we go

259
This share is just my view of the current market, performance is not guaranteed.


I see a bullish outlook for ETHUSD. Strong support is at $188, pullback still possible. Overall I'm bullish long term, next resistance at around $247.

Note
Expect $204 resistance to act as support from now.
Note
As long as ETH holds $204 (which I expect it will), I stick to this setup.
Note
ETH has found support at $204. Combining the trend identified in the analysis below with the support & resistance, I see a positive outlook for ETH.

$ETHUSD moving inside upwards channel

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