ETH/USD - Bullish momentum intact so long $1,400 holds! 😍

I can totally see ETH test $1,400 support before trying to break higher.

ETH broke the uptrend as you can see, but everyone needs a break, even ETH, after pumping 61% in one week!

I would only get worried if ETH falls under $1,400 or more so under $1,250.

If the bullish bias is maintained, then I don't see how ETH can go under $1,400.

Some altcoins continue to pump today (see links below), which gives me confidence bulls are not out of the market yet, this is just weak hands taking profit and being overly bearish in a market that has changed sentiment.

We will in any event know within a few days if this rally ends here and it was a fakeout or it is the real deal. To me a 61% pump already signals a major change.

Bias is still bullish in my book. Check out BTC too:


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