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ETHUSD | Breaking Strong Resistance

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Initiate Long.

Entry - 178.01
TP1 - 189.10
TP2 - 196.49
TP3 - 203.07
SL - 174.01

Reason: We definetely see the volatility is increasing for this coin, which is a positive sign (signal of Uptrend). Currently the price breaking the Horizontal Resistance and we can initiate Long position after breakout.

One more reason for this is BTC has taken an Uptrend. If btc doing well this alts should be well too :)

Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.

Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advise.

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