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Ethereum

Ethereum 93% Parabolic Growth | Going to $250 Or $200?

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Ethereum (ETHUSD) has gone parabolic and this current wave is at 93% so far... Will prices continue higher or move lower?

ETHUSD is in full bull mode with the immediate resistance sitting at $224.50. Yesterday's candle closed this high and today's candle peaked at this same price.

This is the first resistance to look at for ETHUSD to move higher, but if this level can't be broken the parabola will break and EMA10 or $200 will be tested (red arrow).

Previous analysis | Dec. 18, 2019
Ethereum Bullish Engulfing & Divergence | $225 ETH Now Possible?


Thanks a lot for reading.

Namaste.
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alanmastersaltcoinsALTSBeyond Technical AnalysisbitmexcryptoETHEthereum (Cryptocurrency)ETHUSDTechnical IndicatorsTrend Analysis
MasterAnanda
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4

🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Also on:

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.