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Cryptalion

ETH Daily chart analysis

Long
Ethereum (BITFINEX:ETHUSD)  
Cryptalion  
BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators ETHUSD ETHUSDT ethusdlong ethereumusd ethlong ethusdcrypto
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trendanalysis chartpattern indicator ethusd ethusdt ethusdlong ethereumusd ethlong ethusdcrypto

After a long decline, finally broke the falling wedge, followed by a retest. Ahead of us is the first serious resistance, namely the level of $ 203. Which is a horizontal stop for buyers, and when approaching it, you should partially fix your positions.

Bottom line: In general, if you adhere to the scenario with a global market turn in the bullish direction, then the long from this price looks just fine, the zone in which I recommend starting to fix it already I see 0.618 at $ 240 fibbo.
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