ETHUSD - Ready for a big move?
Updated
ETHUSD is moving into a triangle formation which might cause an important move either direction. Stochastic is pointing down. A break below 211 significantly increases the odds of hitting 185. On the other hand if price can pass 250 resistance, 272 is a logical target
Trade closed: target reached
In our ETHUSD analysis we wrote "ETHUSD is moving into a triangle formation which might cause an important move either direction. Stochastic is pointing down. A break below 211 significantly increases the odds of hitting 185. On the other hand if price can pass 250 resistance, 272 is a logical target". The triangle was broken down and our first target, 211 level, was hit. Enjoy
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