Ethereum is preparing for a breakout over the next couple weeks once Bitcoin settles down a little bit more. If possible look to buy in around 160-180$ ETH could potentially break out directly from here but the more likely scenario is a slight pullback to the resistance line and a hard bounce off it. When it breaks upwards 250$ is the first major target.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.