mcmutton23

Eth support 300, Bulls are ready!

Long
BITSTAMP:ETHUSD   Ethereum
Eth dipped and showed us a very important and very strong support zone if we cannot hold 300. (however i think we will and we are uptrending) That support zone is 282. Look left to see at least 5 different zones of strong support at the 282 level, even stronger than 300 has shown us. IF we drop back down. 282 is a good spot to expect support and a rebound back up. IF the price drops below the trend line, expect a test of lower supports. IF we stay above the trend line, expect more bullish sentiment and TP zones at 315 and then up to 240-45. We also see strong hammer candles, and a reduction in bearish sentiment. The bulls are aching to push this higher, the bulls are scratching at the fences, ready to run. Good luck!
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