ZenTrader111

ETH-USD breakout

Long
KRAKEN:ETHUSD   Ethereum
8
ETH-USD is testing the double-top using Renko candlesticks.

BUY signal given at first bullish Renko candle closing @ $13.30722

Fractal resistance at $14.24424 and market is currently staying afloat above this level.

Therefore, bullish momentum should dominate over the long-term.

A break above $15.18126 will see the formation of another Bullish Renko candlestick and should see bullish momentum intensify with the market hungry for a fresh all-time high.
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