From my previous post on ETH.
We got the bounce with or without the inverted hammer.
Now I expect a move to the upper BB which happens to also be our trend line. The BB's have been well respected from previous eth/usd history.
A break would be nice and if not a fake-out we definitely have a chance to re test all time highs. will that happen? wish I had a crystal...
We got our .61 bounce, failed to hold. Now were approaching our .76 with a possible inverted hammer which can usually be taken as a trend reversal candlestick. Oversold on our BB's..and from history we see how BB's have been respected. RSI nearing oversold and MACD still in bear territory.
If inverted hammer holds, id like to see a bounce to trend. If we break...
