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ETH/USD technical analysis

Discussion in 'Bitcoin Forum' started by Adriana Lowe, Mar 28, 2019.

  1. Adriana Lowe

    Adriana Lowe New Member

    Joined:
    Mar 20, 2019
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    ETH/USD has spent 2019 forming a wide ascending triangle, capped firmly by resistance at ~$160. Previous price action has seen steep rallies to test that resistance, followed by retracements (forming a series of higher lows). Each of the two previous rallies this year was prefaced by a bullish stochastic crossover, such as the one we are seeing now.
     

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