ETHEREUM.. Resetting For Upside Potential. Sept 19, 2017

Analysis:
ETH looks to be trying to reset for some upside momentum. The signal is still OS, however if the signal does go above 20 then we should see a push upwards. The $300 level is still a BIG resistance that if not broken will leave ETH vulnerable for continued corrective pattern.

Foot Note:
-RIGHT CLICK ON IMAGE AND OPEN IN ANOTHER TAB TO SEE FULL RESOLUTION-

When analyzing this chart, you will notice the Slow Stochastics indicator. I find this indicator to be the complete indicator compared to the vast majority out there. Lets explore the terms I will be using. Also use the indicator based on its respective time-frame:

Time-Frame:
1 hour - Lasts 1 hour - Few days
Daily - Last Days - Week(s)
Weekly - Last Week(s) to Month(s)

Term used:
OB - OverBought (above 80)
OS - OverSold (Below 20)
Bullish - Above 50
Bearish - Below 50
Trend - Cross up in both channel line or Cross down in both channel line.

Follow me if this has been helpful, and don't forget to give me an upvote if you feel that this article has helped in some way.