Aurum Markets Blog Technical Analysis Either a rebound or a breakout imminent on ETHUSD

Either a rebound or a breakout imminent on ETHUSD

Either a rebound or a breakout imminent on ETHUSD post thumbnail image

ETHUSD is moving towards a key resistance level at 3758.0300. ETHUSD has previously tested this level 5 times and on each occasion it has bounced back off this level. Is this finally the time it will break through?

Supported by Upward sloping Moving Average

Target: 3758.03 Entry: 3679.04 Stop: 3624.4805

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