The breakout of ETHUSD through the support line of a Double Top could be a sign of the road ahead. If this breakout persists, we expect the price of ETHUSD to test 109.6679 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, ETHUSD has finally broken through. Can we expect a bearish trend to follow?
