ethhunter
Long

Ether, Are we safe? Yes - almost!

BITSTAMP:ETHEUR   Ethereum / Euro
Hello !

Small update & adjustments on my previous chart,
It looks like we are breaking out from the long downtrend line, i have expanded the uptrend channel a bit.
Expect some sideway movements or even a small drop from the perhaps (again) Before we get another leg up (verify outbreak).

Happy trading :)
Trade active: Nice increase in volume happening, feeling very bullish now =) =)
Comment: And oh, first resistance is shattered now, but we still need to get a bit higher to create some space between moving averages. It's close to flat but the important thing is that we are still in a bullish movment, i expect volume to increase over time until we hit next resistance point
Comment: Damn, it feels good to be right :)
We are back bois!
Expect wild swings from here as we establish the new channel, it will be decided soon but we are in the zone now.
Comment: We have established a new trend now, next resistance zone is 800,
this will be the hardest test. Next post & chart tonight.
Stay safe
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