ETHUSD resistance zone
ETHUSD has drawn a rebound pattern in the support zone(200 days EMA, 61,8% Fibo, 500.0-600.0 zone ) and moving upwards.
Support level for re-entering would be at the 700.0.
From the upside, coition of the 900.0, 1000.0 and Angle resistance makes strong resistance zone for the newly forming uptrend and could reveal profit fixation with rebounds to the support levels.
Support level for re-entering would be at the 700.0.
From the upside, coition of the 900.0, 1000.0 and Angle resistance makes strong resistance zone for the newly forming uptrend and could reveal profit fixation with rebounds to the support levels.
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