#ethereum - Target 1 retested & #bullishfallingwedge
Good morning traders.
After the weak attempt earlier this week, Ethereum picked up a lot and fulminantly passed the P-Q and Target 1, including retesting the connected Key-Level, which made this breakout a success after all.
For now next Targets are sitting just above $180, where we will approach the Q-R1 and the 3D Cloud as resistance.
The chances are good Ethereum will be able to make it´s way up to the Yearly Pivot just under $200. The entire area between $180 and and $200 is fragile and very important for midterm growth.
Best wishes,
Neru
After the weak attempt earlier this week, Ethereum picked up a lot and fulminantly passed the P-Q and Target 1, including retesting the connected Key-Level, which made this breakout a success after all.
For now next Targets are sitting just above $180, where we will approach the Q-R1 and the 3D Cloud as resistance.
The chances are good Ethereum will be able to make it´s way up to the Yearly Pivot just under $200. The entire area between $180 and and $200 is fragile and very important for midterm growth.
Best wishes,
Neru
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