ETHUSD is about to retest a key horizontal support level near 2596.0300. It has tested this level 5 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Downward sloping Moving Average
Target: 2596.03 Entry: 2612.37 Stop: 2621.6842

