bwy

Ethereum to $3,100+

Largo
bwy Actualizado   
INDEX:ETHUSD   Ethereum
Eth wants is looking toward $3100-$3200 resistance. It will likely go higher after that, but this is a good start, so let's see how it goes and provided it holds the uptrend after it hits this resistance then we can look for higher targets.

While a large amount of eth is locked up staking, this makes a really great opportunity to long eth and pop the shorts. Already this move has liquidated a record USD value of shorts. Once staking withdrawals are enabled I would be more cautious longing eth.
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An even higher USD value of eth shorts were liquidated today on the extension higher. A tiny move causing so many liquidations is a great sign not only $3100 will get hit, but an over reaction to a much higher price is likely to occur.
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