ETH/EUR Upside!

ETHEUR is finding support around the 200 day moving average, and the 61.8% fibonacci level. Technically the pair looks sound for continued upside, with targets at the 161.8% level. Fundamentally there has been large acceptance of crypto in the main stream – such as Paul Tudor Jones’ stating that 5% of portfolio’s should be bitcoin, or El Salvador’s introduction of Bitcoin as a legal tender.

Upside Target: 5760

Violated Below: 1400

Entry: At Market

ETH/EUR DAILY CHART – UPSIDE PENDING.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: