ETH/USD Upside? Anticipating Fresh ATH!

We are anticipating new all time highs to form on Ethereum against the Greenback, as Crypto news reels are currently full of positive news about mainstream adoption of crypto.

This trade idea capitalises on the 1H chart support trendline, with the RSI showing bullish momentum. As long as price holds this trendline we will see continued upside.

Violated below: 3600

Upside target: 4500

ETH/USD 1H Chart, 20 October 2021.

Published by Tom Stewart

Head of data analytics at TradeProofer. Analyst at Opes Trading Group. FX enthusiast.

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