As I have predicted earlier the high probability of ETHUSD breaking ranging area, it happened with high volume. Consequently 50EMA has crossed 100EMA so Uptrend is confirmed. There is a possibility of 50EMA crossing 200EMA also which indicates a strong bullrun.
I think a test of 22x (or Uptrend Upperline) is possible because of hitting 216.15 resistance and from there we will see a decline again to 216.15 or even touching STriangle Upperline, 211 & 208 resistances and Uptrend Loweline.
Breaking of Uptrend Upperline will eventually leads to breakout of STriangle Upperline but if price breaks Uptrend Lowerline we will go back to ranging area and reaching STriangle Lowerline would be possible. In both case volume is important.
I think a test of 22x (or Uptrend Upperline) is possible because of hitting 216.15 resistance and from there we will see a decline again to 216.15 or even touching STriangle Upperline, 211 & 208 resistances and Uptrend Loweline.
Breaking of Uptrend Upperline will eventually leads to breakout of STriangle Upperline but if price breaks Uptrend Lowerline we will go back to ranging area and reaching STriangle Lowerline would be possible. In both case volume is important.
