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IamCryptoWolf
Mar 15, 2018 2:10 AM

When next bull run ?  

Ethereum / U. S. DollarKraken

Description

As we can see on the weekly chart different indicators suggested this strong correction:

- weekly RSI divergence
- volume divergence

First strong support id the weekly ma50. We will have a temporary bounce.
Then sideways until we kiss the lower channel
Before the next bull run begins weekly MACD and RSI need to cool down

This will take time, up to beginning of August

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Comments
juro
Thank you for this idea. Please keep it updated. It's been pretty accurate so far!
BuyGanyo
Thank you for your time and effort.Lets hope you are right.
phazednb
Nice! Time to long??
TangoWTF
@phazednb, Pretty soon. Probably by mid next week.
whoisthelorax
seems like with the massive weight of btc, we could see the bottom of the channel within a month, which would be much lower than 430...

If btc can hit 3k-5k, let's cut current eth price in half...$290.
NicoD79
@whoisthelorax, you do not even know to divide by two OMG
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