ETH/USD Technical view 23-Nov-2017

On Ethereum the analysis we see a triple top  on the level of 380$-400$.

Ethereum have been very strong on all the supports from the beginning of July and now seems to be ready to break the 400$ to reach the next level which probably can be 550$.

 

There is nothing to stop Ethereum because is alradey filled all the volume gaps plus the fact that Ethereum is getting also quite popular on blockchain and retail investors.

There is also some news surrounding Ethereum that will be on the top potential coins to have ETF on it. So will be much more easy for invesotres to jump in.

Said that we expect very soon to see the break up of the 400$ to head the 500$-550$ levels.

Good luck!

Leave a Reply

Your email address will not be published. Required fields are marked *