#FatPigSignals update : eth/usd - ETH is still following th | Crypto Sliv Alliance RUS
#FatPigSignals
update : eth/usd
- ETH is still following this trend well as we see a new monthly close all time high (1300$/ bullish) ; similarly , our new strong support stands at 1300$. As shown in the chart , we have also developed an ascending trend-line to support ETH's price going into the mid/long term. While there arent any major resistance going forward , we do believe that the 2000$ marker is a pyschological resistance similar to a 50k bitcoin . While some profit taking along the way is fine , we can recommend remaining net long on ETH as it hasnt shown many signs of weakness.
