ETHUSD has managed to create a bullish flag formation. Resistance of the bullish flag is around $270, with support around $230. I am waiting for a break and retest of $280 for a confirmation.
- Target: $320, which is the supply area.
- Stop Loss: $210, which is the demand zone.
- Target: $320, which is the supply area.
- Stop Loss: $210, which is the demand zone.
Comment:
ETHUSD broke through resistance. Waiting for a retest of $280 to see if former resistance will turn support.
Comment:
Updating this from way back. The breakout was confirmed as gave us a nice 35% pump
