ETH is painting a very bullish picture.
We are currently testing the resistance at just under $1,800. I don't expect it to hold us here long because the bullish momentum in the market is very strong, I would be more curious to see how price reacts at $2,000.
MACD on daily is very bullish with momentum picking up, RSI is curving up. The volume is a bit lacking, but this is not a major concern right now.
I would not be surprised to continue up uninterrupted and then we have to analyze the price action at 2k. If we fail to go above $1.8k, then the most significant support is at $1,400.
For now I remain very bullish, lets see.
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We are currently testing the resistance at just under $1,800. I don't expect it to hold us here long because the bullish momentum in the market is very strong, I would be more curious to see how price reacts at $2,000.
MACD on daily is very bullish with momentum picking up, RSI is curving up. The volume is a bit lacking, but this is not a major concern right now.
I would not be surprised to continue up uninterrupted and then we have to analyze the price action at 2k. If we fail to go above $1.8k, then the most significant support is at $1,400.
For now I remain very bullish, lets see.
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
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