ETHUSD is about to retest a key horizontal resistance level near 2424.3301. It has tested this level 3 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Upward sloping Moving Average
Target: 2424.3301 Entry: 2404.93 Stop: 2376.2025