Ethereum / TetherUS
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ðŸ”Ĩ Ethereum Massive Break Out

Couple days ago I made an analysis on Ethereum and the potential break out at hand. I mentioned that a break out was to be expected and that the next major resistance lies at 2400.

ðŸ”Ĩ Ethereum Short Term Outlook


The break out happened quickly and violently. The amount of bullishness came mostly from a short squeeze, check out my BTC analysis where I dig deeper into that.

Since we've seen a ~40% rally in a day or 6, I'm expecting a minor retracement in the coming 2-3 days or so. I'm eyeing the yellow support area from 2200-2100 to catch the reversal trade.

Happy trading!
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