EthUsd could rise towards 1800
Exactly like Btc, also Eth is "not feeling well" and in the medium term, we could see more downside.
However, at this moment, also here we could see some correction and short-term traders could take advantage of this.
Looking at the Eth chart we can see that yesterday's drop is in fact a higher low referring to the 18 Aug low, which adds to my bullish bias (BTC made a new local low yesterday).
In conclusion, I'm bullish also ETH for the very short term, and if, indeed, a correction will follow I'm focusing on the 1800 zone as a target.
However, at this moment, also here we could see some correction and short-term traders could take advantage of this.
Looking at the Eth chart we can see that yesterday's drop is in fact a higher low referring to the 18 Aug low, which adds to my bullish bias (BTC made a new local low yesterday).
In conclusion, I'm bullish also ETH for the very short term, and if, indeed, a correction will follow I'm focusing on the 1800 zone as a target.
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