Ethereum on interval 1D. Important support at the ~680$ has long been exceeded. I think we are flying to the level from the end of November / beginning of December 2017. Formation H&S announces that we can even exceed this level (it's hard for me to believe it all, the more that, in my opinion, the formations at the large interval are unreliable). But... RSI and MACD oscillators looks very great! In my opinion, three scenarios:
1. A bounce from the arround of the 1st level of support
2. Lower down to second level
3. We're going even further, it's hard to say where, 225$? 200$? 150$?
Taking into account the weak period of BTC -4.42%, during of the January decreases, people for a while fled to ETH. I recommend watching. Possible short term increases.
This is not an investment advice but only my personal thoughts.
1. A bounce from the arround of the 1st level of support
2. Lower down to second level
3. We're going even further, it's hard to say where, 225$? 200$? 150$?
Taking into account the weak period of BTC -4.42%, during of the January decreases, people for a while fled to ETH. I recommend watching. Possible short term increases.
This is not an investment advice but only my personal thoughts.