Welcome to this quick update on ETHUSD If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
Etherium looks really bullish as of now. Just like the BTC chart, I posted a few hours back. A healthy retracement would really be good for a sustainable rally towards $2800 breaking the 25k level first.
I've plotted the two scenarios I expect from here in the chart. Scenario 2 seems likely.
What's your thought on this?
Do you think it will keep umping or retrace back for the 2k levels?
Do share your views in the comment section and do not forget to hit the like button.
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