I analyze ethereum price using 5 different factors to determine potential resistance. Because Bitcoin is consolidating, it a good time to trade other cryptocurrencies.
Also we go over the trade which I made as well as the ascending triangle which led to the breakout.
00:40 Breaking down the ascending triangle
02:05 My ETH breakout trade
03:27 Five ways to find potential resistance
04:02 Measured move of the ascending triangle
04:18 Measured move of the previous trend leg
05:48 Previous daily high
06:05 Diagonal trend line
06:25 Liquidity zone
07:00 Conclusion of 5 factors affecting resistance
07:50 If you want to enter a trade now
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