Big movement expected on ETHUSD after a breach of 178.4200

ETHUSD has broken through a line of 178.4200 and suggests a possible movement to 187.8300 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 13 days.