TradingView
EtherCharts
Aug 15, 2017 2:06 PM

250's look to be in play for ETH/USD Long

Ethereum / DollarBitfinex

Description

A fairly significant rising channel has broken down and a consolidation pattern at the recent range established around 300 appears to have also set up a reversal. The size of this consolidation pattern alone points to the 250's and... there is a potential for rising trend line support there too. All that adds up to is... the upwards trend is not necessarily over.
More