In H1 timeframe. Ethereum made this break-out of this bearish trend line formed in H1 timeframe. And also, draw the Fibonacci level, Ethereum it's in the bought point in the 0.382% Fibonacci level. And maybe what consider, it's that Ethereum could to reach $1,200 USD, in the exactly EMA 200 point. And we could to get this long opportunity to find up 14% of movement.
I will put a long position now and Stop Loss to $1,005 USD and my own target in this day trading will be $1,200 USD. And my entry price was around $1.051 USD.
And well, analyzing the H4 timeframe, the trend could to be consolidate for few days until Ethereum fulfill the next step to crash, what I expect in medium term.
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