DU09

ETH/USD - About to break $1,875 resistance! πŸš€

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
ETH looking bullish , despite the stop loss hunting today on BTC (see my other idea below).

On this 4h chart, price is still under resistance thinking where to go next, however on larger timeframes like daily we are bullish and I expect us to clear this level and re-test ATH soon.

I don't recommend an entry here, rather, best to wait for a clean breakout, same story like BTC . You don't want to go long under resistance and you don't want to short a bull market... :)

So patience is key, once we get a break, then it's a good time to enter a position aiming for $2k.

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Comments

Wow, just broke in a major way. $50 jump in the past 30 minutes to $1890. Let's go!
Reply
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