AlanSantana

Ethereum Can Recover And Move Up!

Long
BITMEX:ETHUSD   None
Ethereum (ETHUSD) is looking a bit differently than Bitcoin as its price is currently trading below EMA10.

It can surprise though as this is still above the 12- and 27-May support, a higher low.

We keep it simple...
  • Bullish above $1700.
  • It can go bearish below this level but any shakeout, squeeze or sudden move and we stay bullish for the weeks to come.

As a recovery is more likely now than before.

Namaste.

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