Breaking major resistance on eth, strong uptrend and organic growth of acceptation by insitutions.
crazy 6K% R.O.I since 1/1/17.
TA give long term target at 1700$ (101 : ascending triangle breakout : target equal to the widest distance of the pattern).
And mid / short term :
SL (tight) 400
SL (long term investment) : 310
sym triangle spotted on M15 charts, will open long position for around 10% minimum profits expected on resistance breakout.
If breakdown, i dont short too strong uptrend for now.
ETH on the top line of the old range. Without major market event, the price stay on the range.
In this market conditions it's 30% chance of breakout resistance an target 340.
So, on short term : tight SL and target 280 :
T1 : 280