tmsarn

ETH there are 2 options ahead!

לונג
BINANCE:ETHUSDT   Ethereum / TetherUS
Analysis: The market bounced hard from the support zone (2000$) as I expected and I have a feeling that we have only two options for now. Buyers are active on the market, we managed to clear the overleveraged positions with the latest correction, and we also tested the breakout point of the parabolic rise before the crash. There is a bullish trading channel on the chart and I expect the price bouncing to the upside, but if we will have a FOMO effect the price can rise quickly but that will be an unhealthy rise.

Conclusion: I am bullish on ETH as well.

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