Cabana Capitals Blog Technical Analysis ETHUSD – getting close to psychological price line

ETHUSD – getting close to psychological price line

ETHUSD – getting close to psychological price line post thumbnail image

ETHUSD is heading towards a line of 2409.6001. If this movement continues, the price of ETHUSD could test 2409.6001 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

Supported by Downward sloping Moving Average

Target: 2409.6001 Entry: 2429.51 Stop: 2439.5391

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