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ETHUSD must stay strong

logindaten Updated   
BITFINEX:ETHUSD   Ethereum
Hello everybody

Let's take a moment to look at Ethereum.
We see that ETH could not hold the strengthened zone because there is a lot of resistance on this level.

I expect another sell-off in the next few days / weeks.

Do you see the 50, 100 and 200 EMA? Now, if we continue to move sideways and move up, this could give us the opportunity for a golden cross.

The 50 and 100 EMA is already on our side. Now all we have to do is convince the strong 200 EMA to work for us and we will see substantial price increases.

But it will take a while until then.
Very important for Ethereum is defending its level. No new lows should be sought otherwise the next bull market will continue to slow down.

enjoy the way

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