Ethereum Market Overview - New Format!

The market could be good for buying in long run. But it does not look solid from fundamental support, because new ICO project won't push it upward like it was in the previous year. Even we have a trend reversal signal confirmed by a bullish divergence, opening buy positions will be a good idea only with close targets placed at resistance levels like 350-400 and 700.00. Only if there is strong fundamental support it will be possible to close the part of trade volume at 800 and 1000.00 resistance levels.

Please note, "short term" and "long term" tern are based on the daily time frame.

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P.S. The previous post about Bitcoin in the related ideas. If you did not watch it, please do it now. I will find my ideas about this market.