Cabana Capitals Blog Technical Analysis ETHUSD approaching important level of 3168.1699

ETHUSD approaching important level of 3168.1699

ETHUSD approaching important level of 3168.1699 post thumbnail image

The movement of ETHUSD towards 3168.1699 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

Supported by Upward sloping Moving Average

Target: 3168.1699 Entry: 3122.75 Stop: 3105.1178

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