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ETHEREUM (ETH/USD) Is Ready To Make a New Higher High!

BITFINEX:ETHUSD   Ethereum
After the strong push what the whole markets got, Ethereum' has found a resistance from the short-term counter-trendline, from the 200 EMA crossing area and from the first strong area at $225.

The price has stopped on these levels and it waits for another pump upwards to push through completely from mentioned levels to confirm another bullish leg upwards.
The bounce came from the round number at $200 and our well-known trendline 'longer & smoother' since April 1.

If we get a close above the second strong resistance (blue line) at $236, then we have a fully confirmed breakout and we have made a short-term new higher high and probably our next resistance would be around $275.

The whole market is currently, on the high volatility and the prices changing very quickly but this is Your first guideline to confirm Your higher levels.

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