Ethereum: Breakout above Resistance Zone
It is obvious that we have a resistance zone between 370-380$ levels. The price is trying to break it. If the buyers can keep the price above the resistance, it will be a very strong bullish signal. MACD and RSI are bullish and support the further upward movement. It is possible to open long positions above 380$ with stop orders below 330$. The main profit target is the previous market high.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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