jonathonsnell23

ETH 4HR Bullish

Long
COINBASE:ETHUSD   Ethereum
Quick Analysis before I get a few hours of sleep. The 4 Hour on ETH is too me screaming that positive price action is about to occur and should really start gaining momentum after we break and sustain time with coin accumulation above $400. Check out the MACD Showing lower levels of bearish momentum and we are about to get a bullish cross. So For me with ETH as long as Bitcoin does not dump which this whole analysis is honestly contingent on I believe we can hit $550 or easily much higher in the coming weeks. Finally we have nice support at the arrows i have outlined on the Chart which also have the 100 & 200 EMA acting as support. I'm Neutral For Now but I'm Extremely Bullish Above $400 and Bearish under $330 ish, Thank You For Your Time!

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