ETHUSD $230.00 soft target

Ethereum has moved to a new 2019 trading high, with the second largest cryptocurrency by market capitalization receiving a boost from the recent breakout rally in Bitcoin. The first bullish target for the ETHUSD pair is the $230.00 level, with the $270.00 level extended weekly resistance. Sellers need to move price below the $185.00 level to shift the strong bullish sentiment towards the ETHUSD pair.

The ETHUSD pair is bullish while trading above the $185.00 level, key resistance is found at the $230.00 and $270.00 levels.
If the ETHUSD pair trades below the $185.00 level, key support is found at the $175.00 and $168.00 levels.
Chart PatternscryptoCryptocurrencyEthereum (Cryptocurrency)ETHUSDTechnical IndicatorsoctafxsupportSupport and ResistanceTrend Analysis

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