Cabana Capitals Blog Technical Analysis ETHUSD approaching resistance of a Channel Down

ETHUSD approaching resistance of a Channel Down

ETHUSD approaching resistance of a Channel Down post thumbnail image

The movement of ETHUSD towards the resistance line of a Channel Down is yet another test of the line it reached numerous times in the past. This line test could happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

Target: 3819.9026 Entry: 3787.96 Stop: 3741.91

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post