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GRHiggins
Feb 18, 2019 3:34 PM

Likely more upside to come from Ethereum Long

Ether / EuroCoinbase

Description

Ethereum just broke upwards out of the fairly long standing descending trend lines, as well as the 50 and 100 day EMAs as shown. It also broke the broke the bearish pressure area at 60-70 on the RSI. I would want to see this trend continue with incresed volume and have a daily candle close above 140 EUR for confirmation, otherwise we'll have another weak move or a lower high, thus signalling more bearish momentum.
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