Ethereum price is currently inside the Key Resistance area! But the upward move could keep up!
* The price of Ethereum has eventually hit our 'Long' target at the Key = $190 - $195.
* Now, we observe a rejection pattern at this level, where H4 red candle was followed by a engulfment.
* We think that the upward movement will keep gradually going and the break-out of the would be rather stepwise and 'soft'.
* At the same time, is approaching overbought territory on H4 timeframe, assuming that the spike above $195 may also happen and then the price could well retest $190 - $195 as a new Support.
Active trade signal
Buy @ $190 - $195.
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GOOD LUCK AND LOTS OF PROFITS !!
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