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ETH Ready To Move Upward

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ETH appears ready to move upward more due to position and downplay of MACD, RSI, and DMI. Looks even better on the 3 day chart. Guesstimate of an upward movement to 370-380 for first leg. All we need is some news.

The overall market conditions with BTC and BCH have improved... meaning BTC hasn't melted down under 5000. Money has moved back into BTC and if ETH sparks, money will certainly move into it... especially if BTC slows.

With the volatility of BCH and it's price comparison it is possible to make more money in ETH long term as an investor. ETH also has great volume to buy and sell into as well.

Anyway keep your eye on ETH. I have already entered. The high 320's to the low 330's can be a good entry point. On the safer side perhaps 340's to 350 is a better entrance for traders.

Your choice. This is simply a theory.
ملاحظة
Looks like a potential pennant

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