ETHEUR is quickly approaching the resistance line of a Ascending Triangle. We expect either a breakout through this line or a rebound.

ETHEUR is heading towards the resistance line of a Ascending Triangle. If this movement continues, we expect the price of ETHEUR to test 146.6600 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.