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JamesZhang

ETHUSD Nice Long Position from 61.8% Retracement

Long
Ethereum (BITFINEX:ETHUSD)  
JamesZhang Updated   
BITFINEX:ETHUSD   Ethereum
Trend Analysis
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trendanalysis
ETHUSD has just pulled back from $1,400 and was supported by 61.8% retracement. This is a nice position to try longing it.
Comment:
ETHUSD has just reached first resistance of 38.2%, which is also the previous low. It should be able to reach next height of 23.6%, 1120, shortly.
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