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Ethereum
Long

Eth at Support

By elpasoernie
ETHUSD

snapshot

Eth at uptrend support. It's respected this 4+ times so pretty stout.
2120ish support held in major dump Aug 5, and again on September 6.
Psychological $2000 level additional support and then theoretically 1800, 1750s.
Are we really catching knives down a few more floors after we already came down from 4K?
This just seems a natural spot to go long - plays out to close the CME gap and continue to $3200 in next few months.
Nobody knows but sentiment is trash, and chart finding bottom after bottom. Respecting these support areas makes sense.
Trend Analysis
elpasoernie

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