Ethereum
Long
Updated

Critical Level! If confirmed === Bullish Breakout

389
BTC/USD has been on a tear today, but ETH/USD has not felt the love as much. ETH/USD may be about to catch up.

If this pattern holds, would expect re-test of the $310, $315, and $320 areas.

From a macro level, with Stox + Filecoin ICOs finished, a pump and dump would make a lot of sense for these newly minted ico founders looking to `start development` - AKA taking profit.

Cheers
Trade closed manually
Didn't see strong momentum after the test to $320.

Taking a look at this chart:
Get my yellow coin bag ready for ETHUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.