TheForecasters

ETH Breakout, Next Target 1600?

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BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
We can see a textbook breakout from ETH here and we managed to secure a small profit on a momentum long. It would be very healthy for ETH to retest the 1440 dollar area as support and we are looking at laddering some longs around this area.

We would like to see ETH reach 1600 as this would be a psychological resistance level as well as a trend resistance level.
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I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.

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