PolarHusk

ETH/USD (Little Sign of Strenght)

KRAKEN:ETHUSD   Ethereum
💎Technical Analysis Summary💎


ETH/USD

-Ethereum today is starting to show signs of strength
-As the price is now holding above the Fib .382 level
-The .382 Fib is a confluence of previous price action last August
-The 50D Moving Average is now entering the important short term support area
-If Bitcoin will remain stable this week trading action
-I think ETH will have the chance to move up above 3.6k dollars or higher
-I'll give an update tomorrow once the Bitcoin daily candle closes in the next few hours
-I'm getting ready for potential short term trades if things go well
-Guys, please have a trading plan and only trade those coins that have signs of strength
-Good luck and always stay safe



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