We can raisonnably enter to a long trade for ETHUSD at $1,040. with a first target at $1,160.
1) Market Analysis
ETH is going mainstream with a lot of great ICOs coming for the end of Jannuary.
Some investissors have a lot money to spend at the beginning of 2018, the year of the smart-contract and ICOs
Furthermore today Weiss top rated EOS and ETH with a B score.
2) Technical Analysis
All the technicals are greeen
Moving Averages:BuyBuy (11)Sell (1)
Technical Indicators:Strong BuyBuy (11)Sell (0)
RSI(14) 63.004 Buy
STOCH(9,6) 55.264 Buy
STOCHRSI(14) 72.664 Buy
MACD(12,26) 14.530 Buy
ADX(14) 43.254 Buy
Williams %R -24.865 Buy
CCI(14) 147.6369 Buy
ATR(14) 20.3721 Less Volatility
Highs/Lows(14) 14.7429 Buy
Ultimate Oscillator 64.067 Buy
ROC 4.841 Buy
Bull/Bear Power(13) 32.4900 Buy
Trade active:
Buy ETH at $1,048