Ethereum (ETH) Completes Weekly Bearish Cycle, Green Days Ahead

2018-7-30 18:00

Ethereum (ETH) has just completed a weekly bearish cycle that started in May. The cycle comprised of 9 red candles as can be seen on the ETH/BTC chart above. The last time this happened, we found the next few weeks to be green.

Before, the correction when Ethereum (ETH) completed 9 red candles, we saw a big run up to its all time high against Bitcoin (BTC). Ethereum (ETH) is once again in a similar position it is poised to break out of its downtrend resistance in the next few weeks.

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Ethereum (ETH) на Currencies.ru

$ 3739.11 (-0.09%)
Объем 24H $9.816b
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