As you can see eth broke the major resistance that has formed for months.
wich is very bullish
however, keep in mind that in can be a bull trap so stick to you top losses when the daily closes.
rsi is testing the major resistance as well.
I dont see eth going down any more.
There are 3 support levels wich i pointed.
The first sell target is the first fib level.
macd crossed and volume is picking up wich is a bullish sign as well.
wich is very bullish
however, keep in mind that in can be a bull trap so stick to you top losses when the daily closes.
rsi is testing the major resistance as well.
I dont see eth going down any more.
There are 3 support levels wich i pointed.
The first sell target is the first fib level.
macd crossed and volume is picking up wich is a bullish sign as well.