TrendFather

ETH trade idea

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BITFINEX:ETHUSD   Ethereum
The price successfully reached the zone of increased liquidity and interest, and then boldly went up. She touched the rising channel, but could not stay above it. If price was kept in an increasing channel, we could expect a price of 200.
But for now, we can expect such an outcome:
1. Continued appreciation and breaking through level 185 with consolidation, after which it boldly goes to the ascending channel and breaks it with consolidation. From there, there will most likely be growth with a duration of up to 200.
2. A small consolidation of value and a rollback to 177, there will probably be a small flat and a break of 174, after which it will go to the lower zone 170 (a good level of support). From there, there will most likely be a rebound to the level of 180, if the price can stay above it, then there will be a small flat and continued price increases.
Trade geschlossen: Ziel wurde erreicht
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