Short update about ETH on M15 chart. I'm seeing an forming, I could be wrong so I'm waiting for confirmation with a close above 200,40. is decreasing which is first confirmation.
So what we need for confirmation is :
- A breakout above 200,40 with a close above it
- should increase as we breakout.
- After we breakout there a possible scenario where we test old resistance that turned into support after breakout. If it does, it need to hold before pushing higher.
What target I'm expecting ? Around 202 - 202,30 ~
Please remember that I'm no financial adviser and I'm still learning.
Have a great evening,