Trading-Guru

Bullish Ethereum Will Soon Find Resistance!

Long
BITSTAMP:ETHUSD   Ethereum
Here on Ethereum we can see two very interesting consecutive trade set-ups based on the recent fib retracement.

All information is available on the chart, but it boils down to making use of a few very important levels: the 0.5 fib reversal level and the $400 psychological resistance.

I suggest a long position towards ~$395 and then a short position back to $375.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!


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