TradingView
Brisben
Jul 17, 2019 7:04 AM

Ethereum Seven Month Uptrend 

Ethereum / TetherUSBinance

Description

Ethereum recently plummeted when BTC tanked. The short term, 2 month uptrend was smashed, but the seven month uptrend is still in tact. If this holds, we could see a decent recovery, back up towards 300 USD, if not we could fall back towards 100 USD.

Stoch is well oversold, but the RSI is weak, the ichimoku is imposing, and there is no sign of reversal yet on the bollinger bands.

Stay safe people.

Comment

Strong reversal from the trend line.
Comments
transparent-fx
learning is the biggest part of trading, and there is no learning without sharing so i really appreciate that you shared your idea, i also do my best to share the knowledge i accumulated in this years, i'm sure you would love it
More