ETH/USD: Break-out of this bearish trend line

١ مايو ٢٠٢٢

Ethereum make this break-out right now in this bearish trend line, maybe it's supposed that Ethereum it'g goes to find up the resistance of $2,870 USD approx. So, I will put a buy order limit at $2,780 USD and SL to $2,726 USD and target to $2,870 USD. This it's a risk/benefit of 1:2. It's a good proportion to find up this little long position in Ethereum.



And also, Ethereum forming this bullish rising wedge, but still in this consolidation and the side of more bearish trend as we see.

I hope that this analsyis support you!!!

Good luck