Wait for structure to develop in ethereum and you can go long/short depending on BO/BD
Ethereum support levels will help you stay cautious at these levels
ETH/USD(Bitfinex) Ethereum has seen a price jump due to the hard fork fever but couldn't manage to sustain momentum and dipped 25%+ recently after the hard fork got over. Bullish Case: After the recent drop it tested the support level of $116-$117 and jumped(15%+) to $131 price level recently. If it manages to hold this level $116+ and breaks $151+ price level...
Ethereum Overview Ethereum(ETH) has suffered about 94+% correction(drop) since the all the time high-level point($1425) reached in January’18. One key point to note that its following similar trend/pattern to Bitcoin of upward and downward movement in the market. Let's analyze price action for Ethereum (ETH/USD) over the long term and proceed to highlight any...