ETHEREUM Bull Flag Continuing -- Target Set At $535

in #ethereum6 years ago

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It's been a fun day so far. We woke up with uncertainty and now got the bull break we were wanting and hoping for! Right now, we're seeing ETH be one of the few with perfect indicators of a bear flag coming in. The huge volume taper off and the small down trend on the short scale are the indicators we were looking for.

The rest of the big names are looking good. LTC for example just broke the high from prices during this mornings bull break. This is again a great sign and I think likely we will keep seeing these things play out.

Once again, the longer charts were so oversold that we almost knew a nice bull run was in the cards. I think this breakout is really the start of a couple week's worth of oversold bounce playing out.

It should be fun to keep watching and I'll keep posting updates as they come in!

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Thanks for today’s update! I appreciate the information

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