Keep your eye on ETH futures over the next 24 hrs. They will be a good guide as to where the crypto market is headed.
Press the follow tag below and ill keep you updated as an when with my thoughts ;)
Nice buy power tonight in the main ETHUSD chart ahead of futures opening so I'm back long. Price bounced strongly of support and is currently trading above the control line in the upward channel which shows bulls are back in control
Lets see how far up we can ride ETH now that CME futures are live!
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Tesla just bought bitcoin, follow my new twitter acc for up to the minute news events. Boom goes crypto
Nice follow through today and eth 15 min moving averages have now golden crossed right at a green support area. I think Bitcoin will spend some time gradually grinding upwards trading between 42 and 46k and so Eth may have more room than Bitcoin. Lets go for a move to 1860 then 2000 then 2120 then 3000 eventually, taking profits at the upper channel line when its hits and buying pullbacks
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CME futures boom! ETH is going straight up to the next control line in the potential red channel
If we stabilise above that the top blue channel wall may prove little resistance and ethusd could move straight to $2000 -red channel wall resistance above. A lot depends on how far Bitcoin goes