TradersProfitClub

Ethereum ETH GOLDEN CROSS Initiating Possible Breakout Soon?

Long
BINANCE:ETHBTC   Ethereum / Bitcoin
When looking at Ethereum ETH we see a completely different story. Ethereum ETH recently formed a Golden Cross (when a higher moving average goes below a lower moving average) which is a very bullish indicator. Along with this, we are now testing a major resistance level around 3.43 million Satoshis. Our target would be around 4.18 million Satoshis if we were to see a breakout to the upside. Other indicators showing positive signs include the MACD histogram showing a increase in buyers along with increased buyer volume.

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