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ScotianBot

Ethereum is about to retest resistance at $182.01ish USD.

Long
Ethereum (BITFINEX:ETHUSD)  
ScotianBot  
BITFINEX:ETHUSD   Ethereum
Trend Analysis Support and Resistance Chart Patterns Ethereum (Cryptocurrency) ETHUSD Cryptocurrency crypto HIVE
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trendanalysis supportandresistance chartpattern ethereum ethusd cryptocurrency crypto hive
Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened.

I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend, "potentially."

Keep an eye on Hive Blockchain Technologies, they're trading roughly 90% in correlation to Ethereum & Bitcoin!

Time will tell per usual.
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