Yesterday Ethereum created a big bullish candle on it's support area which I marked in my chart as blue color. It jumped up from $285 to $306. But today we see it lost it's momentum. Take a look at the chart below.
The price is tasting this support area for a long time now but because of the lack of momentum it's pulling back to this level again and again.
We might enter a trade from this level and can target till $340-350 level.
