Ethereum: It's This Simple

Looking at the 2-day chart of Ethereum, we think the future is simple. If ETHUSD achieves a 2D close above the 200-day moving average at 185, then it will confirm the major down trend line (green) is broken.

Bottom Line: In our view, if a 2-day bar closes above 185, that has the potential to start a monster move in ETHUSD.