ETH 200USD soon ?!
I've been looking at the charts and I am seeing a lot of breakouts in the market in general. I still believe BTC haves it lows to be seen, but it can go a bull run beforehand.
ETH seems to have also broken out of a triangle, as we can next see 200 USD being reached. But this is not certain, so be cautious. Set stop-loss under the trendline and wait to see how this plays out. If the trend line holds up we can quickly see big gains :)
If your stop-loss is hit wait to see if downtrend line will be retested, or if t=we will dive back under it.
ETH seems to have also broken out of a triangle, as we can next see 200 USD being reached. But this is not certain, so be cautious. Set stop-loss under the trendline and wait to see how this plays out. If the trend line holds up we can quickly see big gains :)
If your stop-loss is hit wait to see if downtrend line will be retested, or if t=we will dive back under it.
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