TradingView
estepix
Nov 25, 2017 8:03 PM

ETHEUR Consolidation before breaking higher? Long

Ethereum / EuroBitstamp

Description

Consolidation pattern forming, if it breaks up, it could go up to 414€ as per Fibonacci Retracement
In the last 24h ETH price has been pretty much stable between 380-395, RSI is bullish on the 4h chart. Couldn't find any bearish divergence.

Comment

It actually broke down, but still holding above 371. RSI getting closer to 50 on 30m chart. If volume rises we still could have a bullish run
More