stickfigure

ETH Failed breakout?

Short
BITFINEX:ETHEUR   Ethereum / Euro
ETH broke trough the ascending triangle but with little volume.
I was expecting it to reach around 245 - 260 Euros but the RSI seems to indicate that ETH is a little bit overbought.

My new expectation is that we will reach between 165 - 170 Euros before possibly continuing upwards.

EDIT: you can always discuss different ideas with me.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.