Ethereum long - trend reversal

21 dic 2017

ETH has been in a downtrend for a long time. It hit an all-time low not too long ago and we're seeing higher lows now which is a bullish sign. TK cross happened below the Kumo cloud which means a weak bullish signal. Furthermore, RSI is looking higher which shows more bull strength. It's overbought now though so in the short term expect a dip. I'm very bullish on eth long-term though, especially because 2018 is a big year for Ethereum. It's gonna show what it's capable of. I expect a bull-run somewhere between now and New Year's Eve. I believe we can hit $1000 by then.9999