bhratbd

Ethereum Run Resembling BTC rise and fall

POLONIEX:ETHUSDT   Ethereum / Tether USD
The current trend pattern being formed by BITTREX:ETHBTC             seems to resemble what we saw with BITFINEX:BTCUSD             , where we had a notable head and shoulders pattern followed by a bullish run again, with further head and shoulder signs. Ultimately we know where BTC             went, but will Ethereum             follow suit?

Looking for resistance at the current bull run on Ethereum             and seeing if this breaks previous resistance or is cut back. RSI shows an oversold situation and may be time for correction in Ethereum             market as news of other enterprise solutions and projects they support gathers steam.

Note this is not financial advise, and is intended for educational purposes.
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