ETH consolidation over?

in cryptocurrencies •  7 years ago 

The technical pattern for ETH vs USD suggests that the consolidation that ETH has been in may be over. Confirmation of this would be to trade over 735. As well a more encouraging signal would be a close today back over 745. Technical upside objectives are 925 and 1000. There is likely to be some resistance at the recent high of 785 but once this is taken out the move the market is off on a march higher. The risk level for this is at 680. Any trade under 680 would be reason to exit the trade and look for other opportunities.

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