BITMEX:ETHUSD   ETHUSD Perpetual Futures Contract
A global trend reversal of ETHUSD is being prepared. The price of ether may double, or at least grow significantly.
There are two arguments for long Ethereum:
1) Double bottom on timeframe 1 week.
2) The bulls again managed to get the price out of the 115$-150$ zone. A large volume is accumulated in this range. This is confirmed by both the horizontal and vertical volume profile .
So, the priority now is to buy this coin.
Comment: One month candle on Bitcoin and Ethereum may be closed as bullish engulfing, that is a strong signal for long.


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