ETHUSD - is it ready for trend reversal?
ETHUSD is struggling to break the 2018-02-23 trading range for the fifth day. After the false breakout yesterday no heavy selling followed. We think that the break above 891 might confirm the breakout of the downtrend and the price might advance to test 1000. Take profit should be placed under 1000. Stop loss and reversal should be placed at 834.31, the break under this price would confirm the continuation of the downtrend.