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  Ethereum - long term forecast - 200 $ or 17 $ - how to trade

DannyKadiric
Hey guys, after today's breakout there are currently the following trading options

1. If you are already long - hold until 173 $ and sell partially. If the price should break the triangle upwards I expect further up movement up to $ 195, there should be sold the rest because there is first clear stronger resistance.

2. If you have no open position - a long entry is currently very risky and I would not short crypto currencies currently at all. A first good short entry with good risk/reward ratio is at $173 if there is confirmed strong resistance. A confirmed resistance would be if two day candles would close below the trend line . A good long entry is above the trend line if daily candle break out and close above.



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