LibraTradesNY

ETH - Next Move?

Long
BITSTAMP:ETHUSD   Ethereum
Ethereum is entering into the last bit of local support and resistance.

Watching for 0.382 fib to hold and confirm the up-trend. Last line of defense is at the important 0.618 fib. If this breaks, then expect further downside.

Also keeping an eye out for Eth's ATH at $1,420. If this level breaks, then it could trigger the highly anticipated Alt-Season.

Good luck to all!
Comment:
Upper resistance was reached. Lets see if it breaks, re-tests, and continues the run.
Comment:
Breakout confirmed!
1 hr consolidation currently at ATH. Bots are pushing momentum at breakout.

Good Luck!

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