ETHUSD with bullish bias getting closer to resistance $400

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Ethereum (BITTREX:ETHUSD)

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BITTREX:ETHUSD Ethereum

trendanalysis chartpattern ethereum eth ethusd cryptocurrency crypto cryptotrading tradershub

ETHUSD is getting closer to my target $400 published a while ago. This pattern in from the book. It was really easy to see it coming. Lower ascending trendline with higher lows acting as support, and with upper horizontal trendline with two, almost flat highs, acting as resistance. Once we get over this, ETH will form new massive breakout range which could take price way over $500 and eventually to $600 (if whole market stays in bullish mode).

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First target reached @ $500. This should be now new support zone on the way to second target. Expect some volatility.

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