DU09

ETH/USD - ATH or Death! Now or never!

Long
BITSTAMP:ETHUSD   Ethereum
ETH is set to re-test the ATH at $2k. Can we pass it? A failure to move higher will be quite bearish, however ETH indicators are looking quite bullish on daily timeframe with a positive MACD, raising RSI and volume looking healthy.

Can we make it? Tomorrow is the big day which funnily enough coincides with BTC breaking its current formation and possibly resistance (check my BTC idea below).

Bias remains bullish, however, wait for price to react at $2k and see where it decides to move before taking a position.

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