As you can see, Etherium has gone up a lot. For this to continue, it may need to overcome the necessary obstacles.
In Ethereum, I didn't even add a point to the analysis I shared earlier on this channel. I said that if we could clear our old record $ 1420, it would be fine.
The $ 1420 level has resisted a lot in the past weeks,
but the departure took place for the last 2 days.
We've never reached these levels before in ETH so we're in dark waters. However, the MACD and RSI are holding well, the uptrend is likely to continue.
Our stop for the rise is: $ 2240 levels. I say this according to the FIB levels I have drawn before (blue area). Therefore, it can be continued to stay in ETH.
Or potential can be entered at these levels for a 30%.
STOP LOSS = It would make sense to put it on our old record of $ 1420.
This rise will continue until February 8. It is very likely that there will be a drop after the 8th. The Chicago futures exchange will process CME ETH contracts.
When they did the same for BTC in 2018, Bitcoin went down so badly, it's worth noting that the same thing could happen this time.
This article is strictly my own opinion and not investment advice. Please do not invest by reading this.
