As you can see we have a confirmed breakout from the consolidation period we have just had earlier. Confirmed support at $690. Also 20 day MA and 50 day MA are looking like they are about to cross, a indicator that the stock ETH will most likely go higher. Looks like ETH will retest at possibly break $700 soon (if there is enough ) and if it does should have a nice stretch to at least $720 (Very heavy resistance here) before falling back down to 700 or finding another higher support.
In the grand scheme of things we are still in a down trend so this is something I would short sell as there are some great opportunities to be had from my point of view.
This is my first TA, any questions, comments, concerns, or short speeches welcome. :D
* disclaimer - This is for educational purposes only, not trading advice. Thanks.