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Crypto_Jungle
Feb 17, 2018 5:44 PM

Ethereum Bullish Trend Long

Ethereum / DollarBitfinex

Description

Hello dear investors! :)

On ETHUSD chart we clearly see some bullish trend last days. What are our thoughts on future movement of Ethereum?

If ETH break our dynamic support (EMAs), we should see bullish movement up to resistance level at 1100 USD. Best entry would be at retest of 950 dollars for Ethereum. After that we expect continuation of a bullish trend. Our target would be next bigger resistance level at 1270 USD.

Hope you like this analysis and expect much more analyzes in the future.

Greetings and invest smart!

Crypto_Jungle
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