kyer

ETHUSD $1594 Next LONG Target

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KRAKEN:ETHUSD   以太坊
Ethereum, the #2 cryptocurrency by market cap, is creeping up on its previous ATH of $1500 for the first time since hitting that price in late December 2017.

Since breaking out of the $788 3-year valley, ETH has been soaring with no signs of slowing down anytime soon. It has consistently been creating higher highs and lows while knocking out resistance levels left and right.

The $1594 level marked out on my chart is the wick of the ATH candle and the body is $1358. Once ETH crosses $1358, there is basically no resistance until it hits $1594 and beyond. Here are my targets going long:

TP1 🎯 $1358.82
TP2 🎯 $1594.89

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