ETH to $700 possibility
Updated
Hello ETH needs more momentum to try and push to the $640 where will encounter some resistance.
We are on a short uptrend channel and we have managed to keep within it.
If we are able to pass the $640 resistance our next target will be $700-715
Macd finally crossed over!
Stoch rsi crossed over also
We have strong support on the $575-585. A good entry could be $595-$600 but extremely risky so put your stop losses tight.
Please DYOR. Invest only what you are willing to lose and remember crypso is higly volatile!
If you like my analysis or have suggestions comment below. Like if this ideas helped you, Thank You. :)
We are on a short uptrend channel and we have managed to keep within it.
If we are able to pass the $640 resistance our next target will be $700-715
Macd finally crossed over!
Stoch rsi crossed over also
We have strong support on the $575-585. A good entry could be $595-$600 but extremely risky so put your stop losses tight.
Please DYOR. Invest only what you are willing to lose and remember crypso is higly volatile!
If you like my analysis or have suggestions comment below. Like if this ideas helped you, Thank You. :)
Note
Edit: I meant that short term we are going up to test the 630s level first and if we dont break the resistance we will fall out of the rising flag that has formed on the daily chart. We are consolidating at the moment.
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