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ETH/USD: Break-out of this bearish trend line

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.

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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
Bearish Trend LineBeyond Technical AnalysisbreakoutChart PatternsETHUSDpriceactionanalysisTrend Analysistrendanalysisexplained

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