I think Ethereum will break $1420

This is in my opinion the best time to go long on Ethereum. If I am correct then that'll be the fourth time in a row, please use proper risk management when trading and remember the market is unpredictable.

The best way to trade this right now is to focus on where the support and major support trendlines are. If we go based on this it means we have an idea where we could possibly drop to in terms of price without being disturbed by red candles on the screen.

Comment:

Nice opportunities to re-enter long at the bottom. I expected there to be a drop but how much we would go down seemed unclear. ETH|USD appears to have found support just above the $1000 mark.

Comment:

It seems like in the short and possibly mid-term that ETH:USD has bottomed out. It is my belief that we will likely re-test the "bottom" and then attempt at bouncing the above resistance levels.

I am looking at the following levels; 1100, 1200 & 1300.