ETHEREUM BREAKS OUT ABOVE $400 TO ALL TIME HIGHS
Coin Telegraph
GOOD AFTERNOON STEEMIT!
Okay Steemit. So now we've established that you can trust me, let's talk about where you can send your Christmas gifts.
Just kidding, of course!
But in all seriousness, happy days for those of us that had been steadily moving our Bitcoin holdings into Ethereum expecting a cash injection following this Bitcoin v Bitcoin Cash debacle.
Take a look at the pop:
ETH/USD Daily
How can you not get excited about this?! Not only has Ethereum broken through the $400 psychological level, but it's made a new high too.
Check out this textbook intraday price action:
ETH/USD Hourly
Previous short term resistance turning support as price steps up cleanly on the hourly. As a trader, you just simply can't not love crypto!
Lastly, Ethereum hasn't been left behind by the institutional money space that helped Bitcoin rip higher over the last month and we now have the first regulated bond based on ETH. If you've listened to me speak about why I'm so bullish about crypto, it's all to do with the fact that institutional money has not yet, but will, hit the space hard. Once it is accessible to institutional investors, the money and subsequent repricing to the upside is going to be next level.
This is still the beginning. Buy the mother fucking dip!
Peace.
Instagram: @forexbrokr
Website: www.forexbrokr.com
After trading in a tight range for the last few months, looks like ETH is ready to break out and head towards the upside. The uptrend appears to be a solid one this time.
very nice theme friend
Thank you @forexbrokr for the latest updates on Ethereum as it is set to go great guns in the time to come. The price is 408$ and it might go up to 420$ today.
It's a good news
I know you are Australian because you swear like a trooper :)
$434 for tomorrow