Ethereum 93% Parabolic Growth | Going to $250 Or $200?

8 thg 2, 2020

Ethereum (ETHUSD) has gone parabolic and this current wave is at 93% so far... Will prices continue higher or move lower?

ETHUSD is in full bull mode with the immediate resistance sitting at $224.50. Yesterday's candle closed this high and today's candle peaked at this same price.

This is the first resistance to look at for ETHUSD to move higher, but if this level can't be broken the parabola will break and EMA10 or $200 will be tested (red arrow).

Previous analysis | Dec. 18, 2019

Thanks a lot for reading.

Namaste.