ETH retesting 2000 area, testing the uptrend resistance
ETH made an ATH in at 2157 within a few days then retest 2000 level leaving a candlewick.
Later it when up to 2093, being a short downward trend to 2000 then bounce up again.
If 2000 can hold, we can expect the price to consolidate within this area then continue the upward trend!
RSI convergence with the price trend and a breakout confirm after breaking both downward trendline
Long position as followed
Risk : Reward = 4.5
TP : SL = 2157 : 1963
Later it when up to 2093, being a short downward trend to 2000 then bounce up again.
If 2000 can hold, we can expect the price to consolidate within this area then continue the upward trend!
RSI convergence with the price trend and a breakout confirm after breaking both downward trendline
Long position as followed
Risk : Reward = 4.5
TP : SL = 2157 : 1963