I just wanted to make a quick post about Ethereum. Earlier today Ethereum broke out of its resistance level! :)
Ethereum broke the pattern of lower lows when it moved higher than $755. This is a very strong indicator of a bottom. The higher high and break through resistance sets Ethereum up for a move back to $800!
It looks like the bull rally is ready to start again! There are no guarantees in cryptocurrency, but there is a great setup for a quick trade in Ethereum right now!
Thanks for reading!
Disclosure: I am long Ethereum and Steem
