ETHEREUM Price Analysis 13/07/2020
Hello everyone!! I hope everyone is having an awesome time. 😀
This is LJ again for our daily price check of interesting cryptos out there. 😀
For this section, we are checking out the current price action of ETHEREUM.
ETH is really on a very interesting and crucial point right now.
It is nice to see if this can break the current high of 290 and also break 300 to create a new high.
Coupled with a good volume, that can really indicate to us that the momentum is really picking up to the upside already.
That will be a very good opportunity for finding long position also in my opinion.
The one thing that we would not want to see is a break of the 215 area support, that would really indicate a strong selling pressure.
Although this can also be an opportunity for shorting it, although that would be done by more experience trader or investor in my opinion.
As always stay safe in you investments/trading engagement guys.
And ofcourse have a healthy and fruitful day everyone. 😀
Cheers and God bless. 😀