marcusdw1

Daily ETH Update

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BINANCE:ETHUSDT   Ethereum / TetherUS
Like BTC, ETH has been trending up in a channel and has fallen back after being rejected from the top of the channel. Unlike BTC, ETH has been caught by the bulls at the centerline. Time will tell if it holds.RSI is in a good place for further moves up and we are still yet to see it hit a new all-time high. I'm expecting to see more moves to the upside, however, we must keep an eye on BTC as it has the weight to pull ETH down with it if it doesn't hold its current trading channel.

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