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EmpowerTrader
Aug 9, 2021 11:54 AM

ETHUSD Breakout We're Been Waiting Fo? Long

Ethereum / U.S. dollarBitstamp

Description

Intro
It's been an impressive past two weeks for Ethereum. We tested and held the key support level at 1700 three times. After holding the support the third time on July 20, we're now up more than 85%! In which we saw a breakout at 3000. We went all the way to 3200 before a pullback. Although a rejection is possible, it looks like a re-test resume off is currently playing out right now.
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