ETHEREUM ( ETH/USD - ByBit) - Breakout!

By milionarioo | DigiNomic | 8 Apr 2020


Interesting leg up by ETH, which decisively regains the resistance located at $ 153, with a beautiful full candle and follow-up also on volumes in the following day.
This is also due to the overperformance compared to Bitcoin: the ETH / BTC chart also made a nice reclaim of a key level, as seen some analysis ago.

As far as I'm concerned, this made me close the hedging SHORT, but it can easily entice those who are not exposed to looking for a LONG position (here on ETH / USD or also on ETH / BTC).

Trigger the retest of the old resistance area (between 140 and 152) and stop loss on the confirmed loss of the same, or wider below the lows.

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