ohenrik

ETHUSD little resistance after 315.0

Long
BITFINEX:ETHUSD   Ethereum
ETHUSD have finally breached the 305.0 resistance point and we are now looking at 315.0 again. This point has been challenged before without luck. This time might be different, however we cannot be sure before we have closed safely above 316. I suspect that if we do, price will quickly go up towards 339.0 and then 366.0

After that there seems to be little resistance before 390.0 :)

Entry: 316.0
Take profit: 390.0
Stop loss: 280.0
Risk/Reward: 2.06
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