In the Spotlight: ETHUSD Analysis

Chart from Sigma by Hydra X

On 28th March we explored whether ETHUSD was due for a steep rally to test $160 resistance. That scenario played out with ETHUSD rallying along an ascending channel to test, and then break beyond resistance. The pair is now consolidating in the $175 resistance region. A clear breakout beyond this zone targets $200, then $220.

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