ETH/USDT Failed to breakout but i see further upside.
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A lot of traders believe we will go down to test the $1400 region.
By looking at inflows into ethereum and other cryptos and also the technicality of the trade , i have a bullish bias towards 1900-2000 region. My time frame on the trade might be off but i think we will continue upwards after potentially a dip to 1650 region. Bollinger bands show us the lower boundary and the upper boundary of potential price movement.
Sentiment is signficantly better than it was a month ago.
Lets see how it unfolds!
This is not financial advice. Please do your own Due Diligence and Manags risk appropriate to your account standing.