ETH/USD: Break-out of this bearish trend line
ETH/USD COINBASE:ETHUSD
Ethereum make this break-out right now in this bearish trend line , maybe it’s supposed that Ethereum it’g goes to find up the resistance of $2,870 USD approx. So, I will put a buy order limit at $2,780 USD and SL to $2,726 USD and target to $2,870 USD. This it’s a risk/benefit of 1:2. It’s a good proportion to find up this little long position in Ethereum .
And also, Ethereum forming this bullish rising wedge , but still in this consolidation and the side of more bearish trend as we see.
I hope that this analsyis support you!!!
Good luck
