Ethereum on its way to reach 400$USD after breaking trend

2017年9月19日

After having a little drop because of China's annoucement about bitcoin, ethereum bounced on major resistance + .5 fib lvl and broke a minor trend + minor resistance, which confirms the trend has changed and its strenght. On top of that, we can see that RSI is oversold and has a nice divergence, which also indicate that trend has changed. I'm expecting ETH to reach his previous high, which was 400USD, I wouldn't be surprise if it broke it and kept going in that direction.

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