Psychological Roadmap for Ethereum

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Rather than the usual use of indicators, I've decided to explain the psychological pattern clearly visible in Ethereum . On the daily charts , we can see Ethereum had some incredibly robust growth, but has been in a bearish state off late, along with the rest of the cryptocurrency market. We observe as the trendlines get more vertically steeper ( bullish ) and upward facing parallel channels envelop, the bull run start on its momentum. In previous bull runs, Ether always came back and made a slight touch of its bottom trend line . The current trend of Ethereum shows that it is finally about to make its touch of the long term support. This is a MAJOR happening as it means that the breakout is on its way. It looks like in a couple days the whole crypto market is going to boom. While it is a bold prediction, I certainly see this happening. Do not be fooled by short duration trends and charts.


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