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Edward_Bowler
Jun 30, 2017 11:50 PM

Bullish Cypher Pattern ETH Long

Ethereum / Tether USDPoloniex

Description

The MACD + RSI cross over is coming in the next few hours.
- Target 1: 254
- Target 2: 238

After the reversal zone we might a huge uptrend and hit higher high.
Comments
kash27
What are your reasons for expecting an uptrend after the weekend? Is it the obvious like the usual eth activity, new week, positive correction, waiting for the third wave, or do you have another reason?
Edward_Bowler
@kash27, I have two contradictory but compatible ideas, I think the bull run is in the denial part and even if BTC is dumping for the next week, ETH will get a burn emotive run, the MACD and RSI on a day scale are at low but it might just be a bull trap.
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