Ethereum has just broken through its bearish downtrend and is about to start a new trend. The downtrend started in early Jan. 2018 and hasn't been broken since.. until now.
A Golden Triangle has formed with the 50 day moving average crossing through the 200 day moving average. This is another bullish sign.
Look for ETH to rise to at least the $200 level. Though I would not be at all surprised to see it continue on to $280 before meeting some resistance and consolidating.
A Golden Triangle has formed with the 50 day moving average crossing through the 200 day moving average. This is another bullish sign.
Look for ETH to rise to at least the $200 level. Though I would not be at all surprised to see it continue on to $280 before meeting some resistance and consolidating.