London Hardfork is upon us, BINANCE:ETHUSDT is breaking past one resistance after the next. Near term price targets are at the bottom and top of incoming resistance: $2847.55 and $2989.00.
Hello again.
The green rhombus target was the red rhombus that was struck and also the red rhombus target was the area of 2000 that was struck!!!!!!
The first target is the current rhombus pattern 4500 and the second target is 5000. If the price rises and the price stabilizes in the range of 2000, we will expect this target.
And if we start modifying the tag,...
ETHUSD took the support from old heavy resistance (blue support line at 208$)
It's currently in an ascending triangle on the 1h chart and targeting the 268$ area.
Heavy resistance is going to occur between the levels 268$ (old support) and 274$ depending on the timeframe.
I expect 274$-275$ to be the heavier support.
Disclaimer: I was lucky to open a margin...
