Mihai_Iacob

Ethereum- A pretty nice bullish outlook.

Long
BITSTAMP:ETHUSD   Ethereum
If there is one crypto that I like at this moment, this is Eth, with the second largest coin looking way better than BTC in the past two months or so.
As we can see from the posted chart, after the dive under 1k, this zone become very solid and the reversal in the crypto market translated into around 40% rise for BTC, here is more than 100% from the bottom to the top. Also, in recent days, when BTC visited the previous low zone, Eth had only a quickly reversed spike under 1500.
Technically speaking, the 1300-1400 zone is extremely strong support at this moment and the lifted selling pressure from Btc would very probably lead to a rise at 2500 for Eth.



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