Ethereum rising from the ashes...Start of the next bull run?
Thinks are looking really good for ETH right now..Bollinger bands squeezed nicely on the 1-day chart and we broke out upwards. Theres a little bit of correction right now as things flew up pretty fast but the RSI shows no sign of slowing down as it has formed a massive upward trend. Also RSI is below 70 meaning ETH is not overbought yet.
Hopefully we will see ETH upwards towards 300 by the end of this week. Always a good sign when you can break through a bullish channel.
For live updates for all cryptocurrencies check out my app on the app store for coinmarketcap.com at https://itunes.apple.com/us/app/cryptocap/id1257341716?ls=1&mt=8
I am not a professional advisor and this is not something you should put all your money into. I am not responsible for any gains or losses this is just an opinionated article about what I think could happen.
Hopefully we will see ETH upwards towards 300 by the end of this week. Always a good sign when you can break through a bullish channel.
For live updates for all cryptocurrencies check out my app on the app store for coinmarketcap.com at https://itunes.apple.com/us/app/cryptocap/id1257341716?ls=1&mt=8
I am not a professional advisor and this is not something you should put all your money into. I am not responsible for any gains or losses this is just an opinionated article about what I think could happen.
Comment:
looking good so far, had to retract after breaking the $300 barrier...stay tuned