Ethereum

ETH: finally breaking out of descending resistance?

163
ETH has been held down by descending resistance (orange line) since its last run up on May 5th. It has finally broken free of it, but we want to confirm it's not a throw-over first. I'll be very bullish if we correct out of this ascending wedge and bounce off either green box. Preferably the lower one, as we could get a wick below the orange line to test the bulls and establish support hopefully. Confirmations are much stronger if tested and proven to hold above/below.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.