jcgordon

ETH same story as XRP

BITFINEX:ETHUSD   Ethereum
Same same but different. ETH shows the same patterns as XRP short-term. The lagging span has so far failed to pierce the Ichimoku cloud. Futhermore the K line of the stochasitc oscillator has crossed over the D line indicating a further downtrend. The last green candle met resistance at the upper Bollinger band. So unless the lagging span clears above the cloud, ETH continues to be bearish.
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