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ethereum resistance to support?

247
The 3day chart for ethusd can help us to see the bigger picture.

Price has left the downtrend channel and established a base with resistance around 160$ which was broken and is now retested.

If the 160 level holds and forms a swing low we can be more confident and it should act as a launch pad. Otherwise it will look rekt again and should at least go to the red trendline.
註釋
looking good. volume is declining during the consolidation. support holding.

快照
註釋
Support was tested again and holding.
It's about time for the next leg.
註釋
three possible targets

- 211$ apex of old sym triangle
- 289$ halfway breakout and old apex of smaller triangle
- 360$ old major support

快照
註釋
hit target 1
交易結束:目標達成
booked profits on leveraged positions, keeping spot

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