Crypto_Jungle

Ethereum short term 550-600 EUR area... long term two options!

BITSTAMP:ETHEUR   Ethereum / Euro
Hello traders!

Here is my view on ETHEUR .. Definitely Ethereum is bullish short term and is reaching 550-600 EUR area very soon in the future. At that point we must do another analysis of market in general, keep eye on news about coin and look for some good patterns on the chart. Crucial point will be dynamic S&R area of EMAs. If Ethereum dont break this dynamic S&R area then we could see another bearish move.In other hand break to the upside would be clear indicator that bullish trend is activated and with minor corrections we could see Ethereum reaching 800 EUR resistance level!

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Greetings,
Crypto Jungle




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