ETHBTC , DOWNTREND BREAKOUT AND RETEST , POSSIBLE UPWARD TREND ?

Hello Traders,

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- Looking in #ETH against #BTC on the 1D time frame chart we can see clearly a breakout from the donwtrend line and a retest, I would like to see the price holding above 200EMA , buyers will try to push the price higher to break the
last swing long ( pink horizontal line ) if succeed will touch resistance level on 0.0738$, or else price will go back to towards last level support at 0.0668$. I would like to consider a long position from here , hoping to see a good a mount
of buying pressure which will make me confirm the upward move meanwhile we can see Stochastic indicating that price is in the oversold territory suggesting that price wouldn't hold for the moment.


Good Luck , Traders!

Trade closed: target reached