Looking at the , you can see that ETH has EXPLODED to the upside, rising nearly 13% since yesterdays analysis. As you can see, ETH is running into resistance at the red horizontal , but could still print more upside. The only reason that I don't like the ETH chart as much as other charts like LTC, is because it's in this pattern (in blue.) That's actually a formation, but that doesn't mean that there isn't room for more upside. It's just something I don't think is very attractive about this chart. That is especially true when I compare it to the LTC, chart, which has no such formation. Regardless, ETH is definitely printing a strong candle. At this point, one can only expect that Ethereum will test the top of the , assuming it closes above the red horizontal resistance lines. Good luck trading everyone!
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***