Ethereum potential upside (ETH/USD Analysis)

in #trading • 5 years ago

THURSDAY
4-JUL

Price closed with a bullish candle y'day after buyers stepped in during the US session.
There hasn't been a daily close below $290 in the last seven days and sellers may have been running out of steam lately.
The closest sell LQ is below Y low and seems very close. If taken, it may set up a bear trap before the next rally.
Further sell LQ could be found below TUE low.
The upside LQ is above Y low, followed by the swing high from last weekend which looks like the next target for longs.

#crypto #cryptocurrency #ethereum #ethusd
5 years ago in #trading by
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