Following $BTC's Rise - $ETHUSD Analysis

14 במאי 2019

ETHUSD broke and closed convincingly clear of the $175-180 resistance zone on 11 May. Price action is currently capped by the upper bounds of an ascending channel, and more importantly, a cluster of sellers at the psychological $200 level. $200 is a key level for the pair. Should ETHUSD succeed in breaking and holding above, this would form a bullish case.