Ethereum Market Breakdown - July 27th, 2020
- Update from the previous post, Ethereum hit 2020 all time highs, where before the coronavirus it hit $278 then dumped all the back down to under $100
- $369 is the new LONG target
- However, the MACD being this overbought is a little bit concerning, although I don't usually look at indicators so i'm just going to pay no mind to it. I added it on the chart so you guys could take a look at that with the candlesticks
- A clean close above $334 resistance would be huge and could seal the deal on trying to hit $369 target.
