ETH short-term forecast, 8% gain incoming
It's been a difficult couple of days with high volatility. However, the market is producing enough energy and momentum for ETH to make its way up to at least $1470 level. The market broke through very strong resistance to be where we are right now. I believe another short-term bounce will be made, and the perfect long entry will be around $1450.
Overall the market held onto its pull towards the bullish side while the tilt remained bearish. Take this as an opportunity to most likely short the top. However, we won't know until we get there because this move could certainly tilt the market to the bullish side and produce a couple of short bullish waves over a week or two.
Overall the market held onto its pull towards the bullish side while the tilt remained bearish. Take this as an opportunity to most likely short the top. However, we won't know until we get there because this move could certainly tilt the market to the bullish side and produce a couple of short bullish waves over a week or two.
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