ETH/USD - Level reclaimed. Bullish so long we're above $2k!
ETH scared many traders yesterday when it fell under 2k. BTC did a similar move... however weak hands had to be shaken. Smart money bought under 2k and now are smiling. Don't sell your ETH now... it's too early.
So long ETH remains above 2k my bias stays bullish (dotted line), actually very bullish since ETH is about to explode. Check the ETHBTC pair, we made a new higher low and ETH should pump very well in April and fare much better than BTC.
The indicators on short timeframes like hourly are bullish now so I expect continuation on this move higher, once we push beyond our current ATH at $2,144 we will quickly move towards our next significant resistance which is at $2,366.
So long we have continuation here, we're looking healthy and on daily and above ETH continues to be bullish. Alts will also recover most losses from yesterday too if this is confirmed. Alts should do very well so long ETH pumps higher towards 3k which will be a key point to watch for.
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So long ETH remains above 2k my bias stays bullish (dotted line), actually very bullish since ETH is about to explode. Check the ETHBTC pair, we made a new higher low and ETH should pump very well in April and fare much better than BTC.
The indicators on short timeframes like hourly are bullish now so I expect continuation on this move higher, once we push beyond our current ATH at $2,144 we will quickly move towards our next significant resistance which is at $2,366.
So long we have continuation here, we're looking healthy and on daily and above ETH continues to be bullish. Alts will also recover most losses from yesterday too if this is confirmed. Alts should do very well so long ETH pumps higher towards 3k which will be a key point to watch for.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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