Ethereum Looks Primed To Explode Upwards
In my humble opinion Ethereum looks pretty bullish. A test of 200-210 seems LIKELY at this point. The only thing holding me back from being extremely bullish on this is the ETH long to short ratio on bitfinex. I say long Eth we could get a big move soon.
Red Boar
Red Boar
Note
Well, funding has been horrific for bulls over at mex, I have entered and exited mutliple long positiosn since this post on the 13th hoping to time the pump without having to be submitted to brutal funding however we still have not lifted off. As of now ETH is essentially crushed between resistance above and support below..My bias for eth is up due to the SR FLIP however bitcoin is begining to look a little toppy and a pull back for her could bring eth back down.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.