As I mentioned on Tuesday night, I thought Ethereum was coiling for another move higher. This afternoon around the time the news came out about the delay to the healthcare plan, we finally saw that move come to fruition. As I write this, ETHUSD is up over 5%.
If we can see the Squeeze fire on the 78 minute and 195 I'll be looking for a first price target of around 47.
Good trading!
Jared