Ethereum
Long
Updated

ETHEREUM - Buy Idea (Short-term)

Coming off the bottom key-level support at $3000, we strongly believe that the Ethereum is gearing up for an upside move. The short-term cycle is setting the tone right now and it had been trading sideways for the past 3 weeks. An upside reversal seems to be underway. We're jumping into a buy position, targeting the next immediate key-level resistance of $3450.
Trade closed: target reached
Hitting profit target at $3450! Case closed!

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