The Goal for Longs is a solid move ABOVE a clear resistance line

The black line in this chart is clear resistance. Bulls will need a solid move above the dark black line in order to achieve a short term objective of turning ETH/USD around. Currently a nice strong move from yesterday;s target low in the upper 170's. Appears to be some quick consolidation on the 1 minute chart. Bull flag? Or hitting some resistance? We will soon know.


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Kommentera:

Correction - dark BLUE line of resistance...