Maximilian_FX

ETHUSD: It's heating up

Long
BITSTAMP:ETHUSD   Ethereum
Dear friends, ETHUSD is currently showing an upward trend in the price increase zone after surpassing the resistance level of 2840. This cryptocurrency has decreased by 2.13% in a day, indicating that a correction may occur.

From the weekly chart, the price is forming a correction towards the 1.618 Fibonacci risk zone or 2728 before further growth. Both technically and fundamentally, everything is inclined to continue the trend, and the final touch point that the price can reach is 3514 as indicated on the chart. Regards!
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