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ETH/USD - Uptrend 20% since last month

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25
George Gaston Pombal
@twoitguys
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1 min read

MACD and signal crossed on the daily chart. Looks like ETH is going up on the short and mid time frame.

Since march we have a clear uptrend.

for the the next few days, try to buy around the support line at $654.

For now the nearest resistance is around 740. I'm waiting to see if ETH can break it and grow more. If it happens, we can open long position and take next resistance at 764.00 as a target.

We are still very far from the full potential of ETH, but no one can really predict the market. LTC and ETH seems tohave their own path... well better than nothig as we all wait for Alt season. Good luck.

This chart is only for educational purposes. I'm not a certified trader and you should not use this to take action in the markets.

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