DU09

ETH/USD - Targeting $1,900

Long
BITSTAMP:ETHUSD   Ethereum
ETH like BTC broke the resistance on the VISA news (see my BTC idea below). This is bullish and so long we make the 1,750 level support, we're good to hit $1,900 and above if this momentum is maintained.

This break was on decent volume, particularly on BTC. The indicators are also turning bullish right now with a positive cross on MACD imminent. If that is confirmed, then ETH will have its continuation and we can expect a possible re-test of ATH at $2k... not bad.

For now we need to watch the price action, ideally we form a nice base here before pushing higher. Bias turned bullish on this break compared to our last update.

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