Hey there traders.

As of my last post I mentioned a trade opportunity on ethereum, I mentioned that we should reach the 2032$

The price of Ethereum reached a peak of 2033$, which was a perfect price prediction!

Congrats to anyone who followed my technical analysis and took out a trade!

What now?

As of the time of speaking ethereum is sitting at 2066 dollars.

Looking at the chart, we are in a little of a standstill hovering in between important regional resistance and support.

However, Ethereum looks bullish in the medium to longterm as the RSI and MACD are setting back down to less inflated levels.

The recent pull back was corrective and nothing to worry about, as we have maintained the important level above 2020$.

Here are the important levels to note:

Resistance:

Current important resistance to break in order to reach a new bullish move towards the 2150-2190$ is 2095$

If we break the 2150 level we could trigger an aggressive move to the upside as FOMO sets in as it would set a new HIGH for Ethereum for the last year.

Support:

Regional support: 2020- 2040 $

Strong support: 1990$

If we stay above 1990 and do not confirm a break under, the bullish scenario for Ethereum is still Valid.

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