saintbitcoin

ETHUSD Forecast - Is bottom in?

COINBASE:ETHUSD   Ethereum / U.S. Dollar
Lets take a quick look at the Ethereum market versus the US Dollar .

There has been some nice bullish volume between $350 and $420, and like Bitcoin , we are receiving contradicting signals on the market.

I will keep it simple, a break below $350 will be followed by a bearish price action and a confirmation that the bear trend is not quite over yet.

On the flip side, I will wait for the bulls to push the prices past the $400 price levels, $420 should be in play if we consolidate in this zone.

I would expect some bullish momentum to develop if trading pushes prices higher than $420. Safe trades.

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