Ethereum ETHUSD next stop
Updated
Hope some people have taken benefit from the last analysis on the pair Oct 8th as per below. Price retested and reversed from the key support level as identified below.
The momentum is too strong and I don't expect any significant pullback considering BTC is at all time high level and people taking money off BTC and probably investing in Altcoins. ETH being the main player and ETH 2.0 in pipeline, I expect this to strongly push higher.
It can pull back around 450-500 level which is not very likely though but the next target is 790-800 as the 1st target.
Again, this is not intraday trade idea. I am only interested in long term investment in crypto for next 2 years and looking at levels to add to my investments.
The momentum is too strong and I don't expect any significant pullback considering BTC is at all time high level and people taking money off BTC and probably investing in Altcoins. ETH being the main player and ETH 2.0 in pipeline, I expect this to strongly push higher.
It can pull back around 450-500 level which is not very likely though but the next target is 790-800 as the 1st target.
Again, this is not intraday trade idea. I am only interested in long term investment in crypto for next 2 years and looking at levels to add to my investments.
Trade active
Price reached target. Currently testing the ATH level at 1415. A weekly close above 1380 will open the door to further gain.
Still holding the long positions to ride this crypto bull run
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.