Target: 200.00.
Risk: 158.00
Technical reasons:
Ethereum price move above the bullish trend lines support the continuation of rising in the coming period, besides the completion of a bullish flag pattern.
The exponential moving averages 50 and 100 provide positive support to the price, to expect the continuation of rising in the coming period, the next target at 200.00, while breaking 158.00 will press on the price to turn to decline.
Risk: 158.00
Technical reasons:
Ethereum price move above the bullish trend lines support the continuation of rising in the coming period, besides the completion of a bullish flag pattern.
The exponential moving averages 50 and 100 provide positive support to the price, to expect the continuation of rising in the coming period, the next target at 200.00, while breaking 158.00 will press on the price to turn to decline.