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mitkoenchev
Feb 21, 2018 10:53 AM

Ethereum to break the downtrend soon 

Ethereum / DollarBitfinex

Description

After confirming the $860 support, I expect to see ETH to break above the downtrend line by the end of this month. That is, if Bitcoin does not move a lot below 11k, otherwise, we'll probably see Ethereum test the $800 support before moving higher.

Comment

Since Bitcoin moved below 11k today, Ethereum will test the $800 support in a few hours. It could event touch the $750 line and that would be a nice buy zone.

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