Ethereum- A probable 20% rise

After reaching a peak above $2700 and experiencing a typical correction, ETHUSD performed well technically. It remained above the support levels between $2150-2200 and yesterday, it finally broke through the $2400 resistance.

The current outlook for EthUsd is strongly bullish. As long as the price stays above the $2400 zone, we can anticipate a continuation of the upward trend with a target set at $3000. Moreover, such a trade would offer a risk-to-reward ratio of more than 1:3.

Trade chiuso: obiettivo raggiunto:

My 3k target zone was hit yesterday and I closed my trade at 2950

Commento:

Although I closed my trade at 2950, even my 3k target was hit.
In any case, as in BTC's situation, I expect a correction here also.
I'm looking to sell above 3k with a target at 2750