The spike higher overnight is rather strong considering the negative sentiment surrounding the entire crypto space of late. Technically, this is a relatively low-risk/high-reward buying opportunity if seen purely from the perspective of risk/reward.
A break below recent low of $1073.88 would suggest the bullishness is unwarranted but if this market rally from here, there is a possibility of ETH/USD rising towards the $1300 handle.
#1 Bought @ $1161.31. Wed, Nov 23, 12:45pm.
#2 Limit Buy @ $1133.50.
Stop @ $1050.00. Moved Stop to Break-even, Thu, Nov 24, 18:33pm.Stopped Out at Break-even Mon, Nov 28, 09:37am