Cabana Capitals Blog Technical Analysis Big movement possible on ETHUSD

Big movement possible on ETHUSD

Big movement possible on ETHUSD post thumbnail image

ETHUSD has broken through a line of 3562.0901. If this breakout holds true, we could see the price of ETHUSD heading towards 3749.3850 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

Supported by Upward sloping Moving Average

Target: 3749.385 Entry: 3605.97 Stop: 3372.8023

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