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Ethereum Starts To Look Bullish | Can It Go Beyond $176

BITMEX:ETHUSD   ETHUSD Perpetual Futures Contract
Ethereum ( ETHUSD ) is closely correlated to Bitcoin ( BTCUSD ). When see Bitcoin moving up, the same goes for Ethereum and vice versa...

Right now we are seeing Bitcoin printing some signals pointing to a strong bounce, this can change, but the sentiment is starting to turn, ETHUSD is starting to look very similar.

ETHUSD Chart Signals & Patterns
  • Here we also have a similar iH&S pattern (blue lines).
  • Trading volume is starting to increase.
  • Break above EMA10 confirmed.
  • Bullish RSI and MACD .

You can find additional details on the chart.

Here is the full BITCOIN ( BTCUSD ) analysis | Bitcoin To $10k P.t 3 | iHead & Shoulders ( Support & Resistance )

Thanks a lot for reading.

Namaste.
Nov 27
Comment: First target hit.
Results with 7X leverage.

Targets:

1) $155 |Hit 27-Nov. (+34%)
2) $162
3) $171
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