It's clear that ethereum has been in falling wedge pattern and in a few days/weeks/months it's going to break out and go for previous all time high. Ethereum is still the first and most solid blockchain and smart-contract platform, it has solid foundation a lot of community support and huge adoption (compared to other alts). In the upcoming month there is a fork which will probably positively affect the price.
Weekly BB is coming together witch might be a signal for big move; ETH had been oversold for quite a while and RSI is still quite low; There is a huge falling wedge and all time support line is touching apex of the wedge which says that it has nowhere to go but up.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.