sam312

ETH Still Bullish

Long
BITTREX:ETHBTC   Ethereum / Bitcoin
ETH been surprisng lately. I expected a correction to at least the 50 day (700 - 800k) however, it clearly now has more room to run as the MACD has changed to bullish and the price action is well above the Bullish Kumo Cloud. However, I would be cautious with how much ETH could keep going up as it looks as if it is about to be overbought. Nonetheless, I'm currently bullish on ETH in the short term.

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