Ethereum broke $900 for the first time in history today. The psychological barrier was broken and momentum carried us into the ~$920 range. One reason for this breakout stems from a declaration from the EU, MiFid 2, which is said to have a great impact on ETH (read here: ethnews.com/barclays-ubs-credit-suisse-seek-ethereum-blockchain-solution-for-mifid-ii-regulations). Looking ahead, I wouldn't be surprised to see Ethereum flirt with the ~$970 range this week even with the soft resistance line glooming above. That is if BTC continues to move sideways.
Technicals:
MACD bullish cross on 1D
3.618 fib level for target
OBV nearing all-time high
Green boxes signify accumulation periods
This is not investment advice, rather I am sharing my thoughts on the new all-time high which occurred today.
If my picks help you out, don't hesitate to share the love!
Eth: 0xF6451592D017dd29111d97b21F108F1e566F60b6
Btc: 3Qxd68TUeA3uVNSXizmDCbx5KhNUqngD7D
Technicals:
MACD bullish cross on 1D
3.618 fib level for target
OBV nearing all-time high
Green boxes signify accumulation periods
This is not investment advice, rather I am sharing my thoughts on the new all-time high which occurred today.
If my picks help you out, don't hesitate to share the love!
Eth: 0xF6451592D017dd29111d97b21F108F1e566F60b6
Btc: 3Qxd68TUeA3uVNSXizmDCbx5KhNUqngD7D
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.