Ethereum Seven Month Uptrend

By Brisben
Updated
Ethereum recently plummeted when BTC tanked. The short term, 2 month uptrend was smashed, but the seven month uptrend is still in tact. If this holds, we could see a decent recovery, back up towards 300 USD, if not we could fall back towards 100 USD.

Stoch is well oversold, but the RSI is weak, the ichimoku is imposing, and there is no sign of reversal yet on the bollinger bands.

Stay safe people.
Comment
Strong reversal from the trend line.
snapshot
Chart PatternsCryptocurrencyETHEthereum (Cryptocurrency)ETHUSDTTechnical IndicatorsTechnical AnalysisTrend Analysis

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