zencapita

Third Time Lucky? Breakout or Breakdown?

zencapita Updated   
BITSTAMP:ETHUSD   Ethereum
ETH has been pushing the envelope, will it breakout or will it break down? Typically if it keeps hitting the upper resistance, and it does breakout - you could see much more upside. If by the third time it doesn't, you can expect a small correction...
Trade closed: target reached:
Well, the breakdown took place. But taking a longer term picture, it seems like ETH is strong enough to hold... could we experience a run up in the coming months.

Be Bold.
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