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Feb 14, 2019 3:55 AM

ETHUSD UPDATE: Showing Bullish Signs 

Ethereum / U.S. dollarBitstamp

Description

Ethereum has broken out of a 40 day falling wedge. The Stoch RSI has been riding the bottom looking for a move up...

We also have a bullish pennant forming.

As shown in the Regular RSI we have a bullish divergence with the RSI printing lower lows as Ethereum's price action has been showing higher lows.

I believe Cryptocurrencies have been making new highs fundamentally, especially the past few weeks..

Fidelity is launching March 1st which will sure bring some new money in the market.
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