ScottMelker

ETHEREUM BOUNCES OFF WEEKLY SUPPORT

Long
COINBASE:ETHUSD   Ethereum
Ethereum bounced perfectly off of key weekly support at $2159. This is the reason that I shared high time frame support and resistance a few weeks ago, to gives us really key areas where we could look for entries and exits.

Keep in mind, Larry Fink is about to push Ethereum and the spot ETF for the next few months, just like he did with Bitcoin in advance of the BTC ETF fight.

I still believe ETH is the "next big trade."

scott.melker@texaswestcapital.com
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