EthereumLong
Ethereum could reach 2300
There are a few very nice bullish signs for Ethereum and these could lead to up continuation to the important 2300 resistance.
First, we have a false break of horizontal support at the end of May with a nice reversal from the ascending trendline that started in December last year followed by a break above the falling trend line from the recent 2130 high.
Also, last but not least, today we have a break up above horizontal support from 1950.
All these combined draw a very bullish picture and this summer Eth could reach 2300 resistance.
Interim resistance are:
First shy above 2k and the recent 2130 high
In conclusion, I'm bullish Eth as long as the price stays above 1750
First, we have a false break of horizontal support at the end of May with a nice reversal from the ascending trendline that started in December last year followed by a break above the falling trend line from the recent 2130 high.
Also, last but not least, today we have a break up above horizontal support from 1950.
All these combined draw a very bullish picture and this summer Eth could reach 2300 resistance.
Interim resistance are:
First shy above 2k and the recent 2130 high
In conclusion, I'm bullish Eth as long as the price stays above 1750
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