Cryptorphic

#ETHUSDT Could hit $1700 if this happens...!!!

Long
Cryptorphic Updated   
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
ETHUSDT is holding the $1100 support for a while.
100MEA is also supporting the price since the last few candles close.
Break and close above the $1253 level which happens to be the local resistance could trigger a rally toward $1723.
The price must hold the 100MA for this scenario to play out.

Invalidation: - A close below the green zone. Level $1078

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#PEACE
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This is just a possibility. As I used the word technically not necessarily.
Do not take this as a piece of financial advice.
Am still skeptical about this.
Let's see if it can break the $1253 level this week.
If not expect a drop of around $1067.



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