Welcome to this quick update on ETHUSD If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
Etherium looks really bullish as of now. Just like the BTC chart, I posted a few hours back. A healthy retracement would really be good for a sustainable rally towards $2800 breaking the 25k level first.
I've plotted the two scenarios I expect from here in the chart. Scenario 2 seems likely.
What's your thought on this?
Do you think it will keep umping or retrace back for the 2k levels?
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