ETH Patience before opening LONG for 2018
Looking at ETH on the Weekly we are still in a Healthy uptrend with the Weekly RSI cooling off a little. The daily paint's another picture for opening long positions
Short term Bear indicators.
Daily MACD BEAR CROSS
Increased Bear volume on Daily.
Look for entry for LONG position's in the "Buy Zone" which will meat the 100 day moving average. ETH has used this Average as a support historically.
IMO there will be a lot of Institutional volume coming into Cryptoland in 2018. The main revenue stream will be going into ICO's and the big market cap coins like BTC ETH AND LITECOIN
Patience is the key here to get a good entry .
Enjoy :)
Short term Bear indicators.
Daily MACD BEAR CROSS
Increased Bear volume on Daily.
Look for entry for LONG position's in the "Buy Zone" which will meat the 100 day moving average. ETH has used this Average as a support historically.
IMO there will be a lot of Institutional volume coming into Cryptoland in 2018. The main revenue stream will be going into ICO's and the big market cap coins like BTC ETH AND LITECOIN
Patience is the key here to get a good entry .
Enjoy :)
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