Ethereum looking bullish.

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See also ongoing BTC analysis:
BTC pierced above the 7238 USD VPVR level! Will it close above?
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Note "Bullish" only for the short to mid-term timeframe (i.e. over the next week or two).
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Forgot to post this here as well -- latest BTC chart analysis posted yesterday in this Ideas thread:
BTC pierced above the 7238 USD VPVR level! Will it close above?


Bearish signs appeared yesterday for BTC (which altcoins are strongly correlated to) and sold my BTC/ETH/LINK trading positions.
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To note though, all these price action are occurring on the weekend.
It will actually be good for the bulls for ETH to go back down a little before the BTC CME reopens on Monday. However, for ETH, the price needs to stay above the orange 200 SMA at ca. 143 USD, otherwise, significant downside will be expected.
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Please see my regularly updated BTC analysis here (extremely relevant since all altcoins tends to pump/dump along with BTC).
BTC pierced above the 7238 USD VPVR level! Will it close above?
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