ETH/USD broke uptrend line from All-Time-High ATH 1,424, from a chart pattern.
A is a continuation pattern.
If we take the breakout point and add the size of the , the target price is approximately 1738.
To achieve this ETH/USD must re-test previous ATH
And most important with supporting daily increase.
Key points supporting further correction - view
break out day not with high .
As long as up moves not supported by increasing , we remain cautious
Position sizing in key in this trading scenario.
Now, over to you, what's your view on ETH/USD?