Ethereum (ETHUSD)
Above: Ethereum (ETHUSD)
Ethereum finally broke above the dominant bear trend line on its $50/3-box reversal Point and Figure chart. A slight pullback is warranted and expected. The long idea I see is a buy stop @ $3,300 with a profit target at $3,800. There is an opportunity to short with the break of a double bottom at $2,900, but that entry would be directly above a prior bullish entry zone – so not the best place to go short. The…
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