ETHUSD has broken through a resistance line of a Inverse Head and Shoulders and suggests a possible movement to 3037.7506 within the next 11 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Resistance line breached by ETHUSD. This price has been tested at least twice before.
