dleekam

ETH breakout on the 1H??

Long
dleekam Updated   
BITFINEX:ETHUSD   Ethereum
Ascending triangle forming on the 1 hour chart, with 50 and 100 EMA below current price level.
Plenty of juice in the tank on the MACD and RSI.

As the expiry approaches (tonight at 1 AM), the largest volume of options is set to settle. Most puts are at $2,100, most calls $2,200.
Watch for bulls to make an attempt at these price levels beofre day's end.

Not financial advice.
Comment:
Looks like ETH failed to break through its resistance level around $2,020 and it's now testing the $1,800 support.
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