PolarHusk

ETH/USD (Good Sign of Strenght)

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
💎Technical Analysis Summary💎


ETH/USD

-Ethereum today shows a good sign as the price broke above 3.5k dollars
-We can also see the 50D Moving Averages has been respected twice recently
-What we like to see is to flip the recent resistance to new support in the coming days
-If that happens, we might see a retest of recent swing top resistance around 4k dollars
-On the other hand, BTC is also doing great holding the 47k dollar zone
-If we can see sideways action for BTC for a couple of days, I think Altcoin will see good recoveries
-Good luck traders, make sure to have a trading plan if you found a good potential coin



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