ETH Analysis

ETH, among other cryptos, have been experiencing a healthy incline compared to the first time around. For that reason, I'm still bullish on ETH and believe that it will overtake Bitcoin in the #1 spot eventually. My position at the moment is holding USDT because ETH broke the current trend-line (dotted line) and is experiencing a correction. The $600 level shows signs of major support, which leads me to believe that is where this correction is headed because exploding towards the $1,000 level.

*A break below $600 is not a good sign and will indicate a bearish market of significantly lower highs.
cryptoCryptocurrencycryptotradingETHEthereum (Cryptocurrency)Technical IndicatorsTrend Analysis

Aviso legal