ETH(1) - Poised for new highs

in #cryptocurrency • 7 years ago (edited)

ETH/USDT is looking strong right now. Ethereum is already up ~28% on the day and it's looking more bullish still. Momentum is strong on ETH, and over the last few weeks Etherrum has been gaining popularity on the search interest.

Right now ETH is sitting at around $607 and is looking overhead to higher highs. It looks overbought but momentum is keeping it going.

Profit Targets are $634 and $670. Support is at $575, a close below that is a sell. Right now ETH is looking to be a strong buy.

Click here for a larger image
ETH(1).PNG

The Chart is based on Bittrex ETH/USDT

Disclaimer: The author currently holds long positions in ETH

#ethereum #eth #analysis
7 years ago in #cryptocurrency by
$0.00
    1 vote
    Reply 1
    Sort:  
  • Trending
    • [-]
     7 years ago 

    Congratulations @fintechie! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

    You got a First Reply
    Award for the number of upvotes received
    You published 4 posts in one day

    Click on any badge to view your own Board of Honor on SteemitBoard.
    For more information about SteemitBoard, click here

    If you no longer want to receive notifications, reply to this comment with the word STOP

    By upvoting this notification, you can help all Steemit users. Learn how here!

    Coin Marketplace

    STEEM 0.22
    TRX 0.26
    JST 0.040
    BTC 98487.39
    ETH 3469.86
    USDT 1.00
    SBD 3.23