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LA_Designer

ETH: Will it Bounce?

Long
Ethereum (COINBASE:ETHUSD)  
LA_Designer Updated   
COINBASE:ETHUSD   Ethereum
Trend Analysis ETHUSD
6
0
trendanalysis ethusd
ETH might be bouncing off of support at the $1,400 zone. It re-tested and closed the daily with a higher low on the RSI, which tells me a possible move up could come.

Invalidated with a daily/weekly close below $1,400.
Trade closed manually:
$1,400 support failed. Next levels to watch would be around $1,250 and $1,000.
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