Ethereum
Long

ETHUSD Coiled for Its Next Leg Higher?

524
With BTCUSD running up over the last couple of days, we've seen ETHUSD trade sideways to lower...but not for much longer, so I think. With a Squeeze forming on a 195 minute (+ a bull flag), 78 and 39 minute chart I'm looking for it to make its next leg higher.

If you take a look at the daily chart, ETHUSD has been trading in a nice pattern for the last few weeks and as the saying goes "don't fix it until it breaks" which translates here to, "but the dip."

I wouldn't be surprised to wake up to new all time highs...I guess we'll see.

Goodnight and good trading,

Jared

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