Mihai_Iacob

Ethereum to break short term resistance

Long
Mihai_Iacob Updated   
BITSTAMP:ETHUSD   Ethereum
In my yesterday's commentary, I said that Eth should correct before a new leg up.
Indeed, the crypto corrected some of the previous moves but didn't drop to technical support. This is giving us an indication that bulls are strong here and we can expect a break above short-term resistance.
I'm strongly bullish as long as 1500 is intact and I expect a rise to the next important resistance above 1700.

Comment:
We have the break above resistance
Comment:
Taeget hit

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.