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finvizclub
Jul 17, 2018 12:27 AM

$ETH.X showing some interesting action here... Long

Ethereum / DollarBitfinex

Description

We have #Ethereum revisiting the $400 price area with several tests at the $450 price area as well. This in combination with the most recent break in the "mid-term" trend line I drew tells me that there is a possibility of a reversal here. Worst case scenario would be BTC.X and ETH.X both breaking down lower from critical levels. Will continue to watch the action here as I think the setup offers favorable risk/reward.
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