Ethereum Seven Month Uptrend
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Ethereum recently plummeted when BTC tanked. The short term, 2 month uptrend was smashed, but the seven month uptrend is still in tact. If this holds, we could see a decent recovery, back up towards 300 USD, if not we could fall back towards 100 USD.
Stoch is well oversold, but the RSI is weak, the ichimoku is imposing, and there is no sign of reversal yet on the bollinger bands.
Stay safe people.
Stoch is well oversold, but the RSI is weak, the ichimoku is imposing, and there is no sign of reversal yet on the bollinger bands.
Stay safe people.
Note
Strong reversal from the trend line.
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