TheBigNova

$ETH break out - new Target 390-400 USD

Long
COINBASE:ETHUSD   Ethereum
Ethereum is doing great at the moment, very stable compared to BTC. $ETH finally left the triangle, broke the resistance and now goes steadily in uptrend to the next major resistance level around 390 - 400 USD.

All news around Parity didn't seem to have any impact on ETH, on the contrary...
I believe the whole drama two weeks ago around Bitcoin Cash was very positive for the Altcoin market in general, since the attention of the major investors concentrated on the Bcash / BTC pair and people no longer selling alts to buy BTC. The current BTC rally seems not to have a major negative impact on the alts in general, many cryptocurrencies having good rallies up at the same time BTC was reaching all time highs.

Ethereum remains for me one of the safest investments in the crypto world. I'm long on ETH and that since April when I first become a ETH buyer.

$ETH $NEO $LSK $RISE $ADA

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