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Tickmill
Jan 29, 2018 2:22 AM

Ethereum in a bullish formation, look out for dips! Long

Ether / United States DollarCoinbase

Description


Ethereum is rising nicely as expected and we can see an impulse Elliott wave formation with first major support at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure).

RSI (34) is seeing ascending support hold up price really well in this bullish run.

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Comments
tepudufi
Thank you for the good analysis!
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