Maximilian_FX

ETHUSD: Testing around the breakout zone, going up?

BITSTAMP:ETHUSD   Ethereum
Dear friend, currently ETHUSD is trading steadily around 2972, continuing its upward trend and increasing by 0.1% for the day.

My strategy is that after the price retreats towards the support level of 2754 (Fibonacci 0.618) which is lower than the level of 2665 (Fibonacci 0.5), it is highly likely to increase with a target of 3600, followed by a breakthrough and touching the final Fibonacci indicator at 1.618, which is 3508.

What do you think? Good luck with your trading!
Trade active
Trade active
Comment:
Comment:
Trade closed: target reached

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