Bullish case for ETH
Updated
If we can get over 137, there is a good probability of more bullish momentum.
Note
Basic indicators like MACD, RSI and STOCHASTIC all allow for continuation. The STOCHASTIC can still run way into oversold for an extended time, however it will reset, and the wavy line I drew shows some logical points where price rests before continuation. We are still in a bear market, so even though this is not investment advice, I can say be very careful and prepare for bearish shifts to occur at any second!!!
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