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Ethereum ETH Breaking MAJOR RESISTANCE 50 Day Moving Average!

Long
BITTREX:ETHBTC   Ethereum / Bitcoin
Ethereum ETH is starting to test its major resistance level of 0.0339 (Bittrex) which is also the 50D Moving Average which means it'll potentially see major upside once it begins to bounce on top of the 50D MA. The Bollinger Bands show we have broken resistance already. The final confirmation we are waiting for is the RSI to break past 60, this is considered a very bullish move which can certainly trigger upside for Ethereum ETH to our estimated level of 0.0415 (Bittrex).

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