CryptoJelleNL

$ETHUSD broke strong resistance, up we go

Long
GEMINI:ETHUSD   Ethereum
This share is just my view of the current market, performance is not guaranteed.


I see a bullish outlook for ETHUSD . Strong support is at $188, pullback still possible. Overall I'm bullish long term, next resistance at around $247.

Comment:
Expect $204 resistance to act as support from now.
Comment:
As long as ETH holds $204 (which I expect it will), I stick to this setup.
Comment:
ETH has found support at $204. Combining the trend identified in the analysis below with the support & resistance, I see a positive outlook for ETH.


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