EnvisionEJ

ETH pullback before new ATH?

Corto
BITSTAMP:ETHUSD   Ethereum
Good morning traders,

Todays Crypto forecast is for ETH.

Currently we are in a STRONG move up, this momentum will be sucking in new traders and new money each day.

What does this mean? Looking at the current PA we can see a pullback is due and we are right in the target zone of a daily range which has yet to be mitigated.

Currently I am expecting a pullback to the marks range before targeting the highs. Overall the momentum is certainly bullish but in the short term I expect a pullback, BTD because this could be the last chance for SUB 10k ETH...

As always trade safe EnvisionEJ

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