ETHUSD took the support from old heavy resistance (blue support line at 208$)
It's currently in an ascending triangle on the 1h chart and targeting the 268$ area.
Heavy resistance is going to occur between the levels 268$ (old support) and 274$ depending on the timeframe.
I expect 274$-275$ to be the heavier support.
Disclaimer: I was lucky to open a margin trade on the wick this night, so I hope this goes higher ;-)
Happy Trading!
It's currently in an ascending triangle on the 1h chart and targeting the 268$ area.
Heavy resistance is going to occur between the levels 268$ (old support) and 274$ depending on the timeframe.
I expect 274$-275$ to be the heavier support.
Disclaimer: I was lucky to open a margin trade on the wick this night, so I hope this goes higher ;-)
Happy Trading!
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