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Dude56
May 5, 2019 8:23 PM

Ethereum - Bullish breakout + retest. 200$ next? Long

Ether / United States DollarCoinbase

Description

After breaking out the resistance Ethereum differently from Bitcoin decided to retest resistance as a support . The retest has been successfull and so far has holded up price nicely. After breaking this short term red resistance line ETH should have it's time to ride and altcoins might also follow it since them also did not rise like Bitcoin did.

RSI showing a bullish breakout and Stoch RSI running up to the overbought level but still with room left to run which probably represents the space that ETH needs to ride until 200$.

Comment

RIDING!

Trade closed: target reached

ETH hits 200$
Comments
Safe_Signal
We have published 6 ideas of ETH and here is the result:

1. Long from 108$ to 117$



2. Long from 116$ to 141$



3. Short from 143$ to 129$



4. Long from 140$



5. Long from 140$ to 173$



6. Long from 150$ to now

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