Ethereum

ETH - Still looking bullish

Interesting close for BITMEX:ETHUSD. Above strong weekly resistance (flipped support) but below daily resistance at $312 zone.

Won't be blindly long here, better wait for the further movement to decide about direction. Today the US stock market opening and it could change the situation.

I would definitely not want to see a close below $285 (red dashed line), it would mean the continuation of mid-term bear trend.

Hit the "LIKE" button and follow to support, thank you!

Information is just for educational purposes, never financial advice. Always do your own research.

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