As you may know I am pretty bullish on Ethereum, even more now that the price created new all time high at $1500!
Since there is no push back, selling pressure I expect this $1500 top to be easily broken today and extended gains towards $1600 will not be a problem for ETH.
Ethereum is currently located in a bullish channel where a break of $1500 will bring increased bullish momentum.
MACD is about give a buy signal and RSI is in a clear trend of higher lows.
My target is below $2000.
Good luck with Ethereum!
Since there is no push back, selling pressure I expect this $1500 top to be easily broken today and extended gains towards $1600 will not be a problem for ETH.
Ethereum is currently located in a bullish channel where a break of $1500 will bring increased bullish momentum.
MACD is about give a buy signal and RSI is in a clear trend of higher lows.
My target is below $2000.
Good luck with Ethereum!
