jBTCkingaling

Ethereum, new all-time high, momentum signal LONG

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Ethereum decisively breaking above $2,000 today to a new all-time high. I kept some ETH through this consolidation, but added a new position on this breakout. A move to at least $2,400 (20%) is expected based on the width of the consolidatioin being applied to the breakout level. Using the low of the day or the centerpoint of the consolidation is a reasonable stop-loss level.

Thanks for reading!

#jk

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