ETHUSD skyrocketed towards a new eleven-month high of 346.57 earlier today, holding well above the 20- and 40-simple moving averages (SMAs) in the 4-hour timeframe. Momentum indicators are standing in the positive area in the 4-hour chart with the MACD just above the trigger line and the stochastic oscillator looking overstretched above the 80 level. […]