Ethereum Chart Analysis - Jan 29, 2018

in cryptocurrency •  2 years ago  (edited)

Today we are going to analyse Ethereum.

First of all it retraced a healthy amount and is making a higher highs and lower lows. Eth is clearly bullish, moving in an upward channel. If you are looking for an entry on Ethereum, it would be best to enter on a bounce of the bottom trendline of the channel. Be aware that eth might not retrace that low, because the momentum is clearly pretty good. A conservative take profit would be around the $1400 level.

Please follow my account if you liked my article: Rules169

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

hey so nice I really like your post! Thanks for it! I actually wrote my 2nd part of my introduceyouself and I write about that I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? Maybe you upvote me and follow me swell as I do?

good info