mrtb84
Long

Bullish idea on Ethereum !

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Hello friends !

We are on a four hours chart BITFINEX:ETHUSD
Of course it's not the best analysis you will see, but i hope it will help you.
Today i had a new idea on ETH. After a great rebound on old support. I think it will rebounce on fibonacci level and going to flirt with the 930$. I can say that hypothesis because there is a bull exit on RSI .
Moreover, it breaks my resistance with large volumes, generally the breaking down of resistances is accompanied by high volumes.
That's an important infomartion because it means there is an high activity with lot of buyers. It's probably the end of correction.
We can see at the moment every crypto currencies are bullish BITFINEX:BTCUSD COINBASE:LTCUSD KRAKEN:XRPUSD .
I hope my idea is correct for guys who saw my posting and who want to buy. Because it could be wrong, moreover this market is really sensitive to rumours and medias then be careful because volatility is high on crypto market.

I don't recommend to buy or sell, I just give you informations.

Thanks for reading and have good days !

Thats what I am seeing as well
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