Ethereum is going to take off soon!

٢٣ فبراير ٢٠١٨

Ethereum is showing a similar inverse h&s pattern as bitcoin ( see my chart on bitcoin ). If ETH is able to stay inside the bullish channel and complete its right shoulder we can see ethereum break the major resistance of +- $950, break out of the strong downtrend channel and increase the bullish momentum. From there we will test the current resistance at +- $950 as support a few times before reaching to higher levels and possibly a new ATH.