Don't get me wrong, I like BITCOIN, I'm just waiting. It will have its day again. Maybe when China finally shuts down all the mining operations and they get setup in Russia. Until then its ETHEREUM that I'm watching for all the excitment.
The last week has seen Ethereum rally from the 600's into the 1100 and 1200's. Initally I saw the 1100 as potential support turned resistance when we traded below. Based on the condolidation we have formed, I'm now viewing 1100-1150 as support and looking for new highs long into 1350 and 1400.
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
The last week has seen Ethereum rally from the 600's into the 1100 and 1200's. Initally I saw the 1100 as potential support turned resistance when we traded below. Based on the condolidation we have formed, I'm now viewing 1100-1150 as support and looking for new highs long into 1350 and 1400.
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
Komen:
Support at 1150 has held. Targets 1 and 2 both traded to. Expecting to see a short pullback before an expansion into Target 3.
