As you can see in the diagram Eth is having a difficult time to break the 340 area which is the triangle resistance and also the fib 0.236 level.
Although it hasn't broken this resistance the bears haven't managed to push it lower so i expect a new attempt to break this level.
Ichimoku Cloud confirms the bull trend and DPO shows that there is room for growth according to previous heights.
If the resistance is broken next target is 450-500
Although it hasn't broken this resistance the bears haven't managed to push it lower so i expect a new attempt to break this level.
Ichimoku Cloud confirms the bull trend and DPO shows that there is room for growth according to previous heights.
If the resistance is broken next target is 450-500
Short term target ATH around 400 maybe see some consolidation there due to profit taking etc.