ETH looking for a another big leg to $200

Updated
Hi everyone,

There is very strong support at the $175 level that I believe it will hold and send us to the $200 level. However we have to consider both options and be ready to react to the current descending triangle. If we break upwards, our first target is $200 and our second target is $220.

Feel free to comment below

Note
I'm thinking 50 50 chance now. BTC broke this strong trendline a few hours ago. It may get back above it soon, but it may also be a retouch before the drop. Again wait for a break of ETH triangle to make a move

snapshot
BTCUSDChart PatternsCryptocurrencyETHUSDTrend Analysis

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