ETHEREUM is above the Support/Resistance Zone!

COINBASE:ETHUSD   Ethereum / U.S. Dollar
The price is above the Support/Resistance Zone at the time.
It can bounce and rise to 162.68.
Potential profit will be in 3...5 times bigger than risk.

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I agree with you when you say that the $150 level is important. However, I think ETH is looking pretty bearish and will continue lower
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nagihatoum Yuriy_Bishko
@Yuriy_Bishko, it dropped down from rising wedge, it is bearish, small bounce which will make a head and shoulders, very bearish.
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