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Art_of_Trading
May 2, 2018 8:16 AM

ETHEREUM (ETH) - Resistance and Gartley Pattern 

Ethereum / DollarBitfinex

Description

The Ethereum is going up last few hours and reaching the structure high, which acts as a main resistance level. The selling orders are expected to be placed there. Also, it is the best area for previous buyers to lock their profits. Moreover, the price formed a Gartley pattern, that increases the probability of this setup to go short.
T1 – 38.2%
T2 – 61.8%
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