quantguy

Ethereum Bounces Back!!

Long
BITSTAMP:LTCUSD   Litecoin
Ethereum is picking up. It appears $1300 was a hard lower bound. We are facing some support from $1550. There is a vacuum zone above to $1653, which we anticipate it to cross. This would make a nice intermediate profit target. We still have many barriers to cross before new all time highs. The levels $1694 and $1748 will provide resistance before a minor vacuum zone in between these and $1821.

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