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ETHEREUM (ETHUSD) - 1D - Trade In Profit

Long
KRAKEN:ETHUSD   Ethereum
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Underlying:ETHUSD
Time frame:1D

What Has Happened So Far:
HAve been posting about this trade for around a week now. The main point to take into consideration was the MACD EMA's crossing over the centre line. This tends to be a bullish move and today's price action has confirmed that!

What am I Looking to Happen:
If you bought when I posted the initial idea you would be up around 13%. I am still looking at more upside, the reason being is that the two EMA's on the MACD have not fully cleared the historic price (red bars on the MACD). I believe you will still see more upside in Ethereum, perhaps to the 400 level.

Target Profit:400.00
Stop Loss:0.00 (NA)

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ORIGINAL:


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