ThawonP

ETH Start Of A Bullrun?

Long
KRAKEN:ETHUSD   Ethereum
+So from my Previous post I wrote about how Eth is trying to find support.
+After the falling knife Eth seems to be holding 318 very well. But there are still a few factors to look at as well.
+To confirm a uptrend Eth needs to break the level at 363 which is a swing high I created on the daily timeframe+
+If it fails to close above this level and struggles there will be 2 possible outcomes.
+The first being it will come back down to 318
+The Second outcome will be it will go below 318 and try to find another support to respect.
+That being said ill be patiently waiting for a close
+At the time of the most Eth is sitting at 353.
+Personally I will be waiting for the close above 363 to enter to confirm the bullish uptrend


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