quantguy

Renewed Momentum for Ethereum!! πŸ“ˆπŸš€

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum has caught a big wave of momentum as it seems the entire market is reinvigorated off news that Amazon will start accepting crypto and is developing their own crypto currency. Ethereum blasted through $2100 which was previously a prohibitive high, and has rocketed up to $2400, which is another significant high, and barrier to higher levels in the $2K handle. We have appeared to reject it for now, or at least be coming up for air. There is a wide range at current levels, with the next support level down at $2232. If these levels do not hold, then ETH will find further support in the $2100's. The next target is $2556 if we can break the psychological and technical barrier of $2400.

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