Lets take a quick look at the Ethereum market versus the US Dollar.
There has been some nice bullish volume between $350 and $420, and like Bitcoin, we are receiving contradicting signals on the market.
I will keep it simple, a break below $350 will be followed by a bearish price action and a confirmation that the bear trend is not quite over yet.
On the flip side, I will wait for the bulls to push the prices past the $400 price levels, $420 should be in play if we consolidate in this zone.
I would expect some bullish momentum to develop if trading pushes prices higher than $420. Safe trades.
Hang out with crypto traders here.
There has been some nice bullish volume between $350 and $420, and like Bitcoin, we are receiving contradicting signals on the market.
I will keep it simple, a break below $350 will be followed by a bearish price action and a confirmation that the bear trend is not quite over yet.
On the flip side, I will wait for the bulls to push the prices past the $400 price levels, $420 should be in play if we consolidate in this zone.
I would expect some bullish momentum to develop if trading pushes prices higher than $420. Safe trades.
Hang out with crypto traders here.