ETH –
Technical observation
ETH is currently trading with an increasing bullish momentum bias. On Monday this week, a false breakout was seen when price went below 202.06, but again ended up above it. This was possible buyers increase, and while the price is above 202.06, my main focus in on the buyers. My overall opinion is that the price should continue to rise towards 245.66 and should extend even higher towards the resistance zone 324.44-318.78. On its way upwards the key lines to look potential reversal include 245.66, 324.44, ,if these lines are breached ,then I expect a surge towards 363.64.Wait for a correction to 202.06.
Trade signal
Long ETH at 202.06 towards 245.66
101% Double the volume
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