ETHUSD Short term Target

By Cryptorphic
Updated
ETH had a good rally so far after a bounce from the 100 EMA in 4 hour chart which is a very important indicator which shows that the traders don't want to give up on this price level.
Entered Long around $154 and riding till now.
Stop loss is at $156.85.
ETH follows BTC but more aggressively. I think the scenario must play out.
But also it needs to hold this rising channel.

If it doesn't, you know the Stop Loss.
For now Stay tuned for more updates.
Trade closed: stop reached
Closed in Profit. Placed buy order at $148 and $126.25
binanceBitcoin (Cryptocurrency)Bullish PatternsCandlestick AnalysisChart PatternsCryptocurrencyTechnical Indicators
Cryptorphic
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