Ethereum surged 20% in a single day. As of now, the price has held above the 2200 level. On the smaller time frame, the current price is ranging at high levels, and bullish volume momentum has not yet shown significant signs of exhaustion. On the one-hour view, the MACD indicator in the attached chart shows that bullish volume momentum continues to expand. In my short-term view, the primary bias remains a bullish trend.
Reference: Long at 2265, target 2305, stop-loss 30 points #btc #ETH