Possible ETH Breakout @ 20:00 UTC-5
The current trend shows a breakout pattern with a resistance at the price of $2,785 USDT.
Taking the Fibbonaci ratio the price should increase close to $2893 or fail to execute the breakout if it loses the $2720 price support
Taking the Fibbonaci ratio the price should increase close to $2893 or fail to execute the breakout if it loses the $2720 price support
Trade active:
Breackout Succesful ^w^
Now the MA 7 is creating a support at $2835. If the price breaks it there is chances it stabilizes falling back to it's previous bullish trend line.
Update Stop Loss to $2825, Take profit remains at $2896
Now the MA 7 is creating a support at $2835. If the price breaks it there is chances it stabilizes falling back to it's previous bullish trend line.
Update Stop Loss to $2825, Take profit remains at $2896