Ethereum making a bullish move here...LONG $ETH

in #cryptocurrency8 years ago (edited)

I wrote over the weekend here that I was looking for a ETH move back over the 40 day MA which has been very good for swing trades and would have kept you out of a lot of trouble.

You can see we are testing this area here now and was rejected the initial time to no surprise. The volume was increasing so that is positive and I am looking for a close above this level to initiate a move higher. I believe you LONG this here with a stop below 198 firm. Great risk reward at these levels.

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