micmuc
Long

Ethereum short squeeze incoming

BITMEX:ETHUSD   ETHUSD Perpetual Futures Contract
Ethereum hasn't broken it's resistance yet, but the pool of short stops lying above this resistance is undoubtedly as big as the short squeeze pool Bitcoin had above its resistance (that got broken earlier today).

Coming days we'll probably see increasing pressure on this resistance and eventually it'll break like it did for Bitcoin .

Target: ETH $210, although during the impending short squeeze we might very well overshoot that target.
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