Fxprotrader

Ethereum/Dollar: Massive Support Rejection Opens Doors for Longs

Long
COINBASE:ETHUSD   Ethereum
Looking at the hourly chart of Ethereum it didn't take much time to make my mind going long with this crypto. The lower parallel of the upsloping median line in addition with previous structure meet at a level, around 455,00 where price retraced and was massively rejected. I will be watching for a buy setup completion at current level to buy Ethereum aiming for at least 500,00

Feel free to like and share your thoughts,
John

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