Mah1991

Ethereum : act just like Bitcoin

Long
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Az we can see the red uptrend channel is evolving to to the ghreen one and Its slope is decreasing. 2700 could be a strong resistance, but in the worst case scenario 1800 would be a barrier to falling to lower levels. Though, overally, In the long term period 6700 is an ideal target.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.