$ETH.X Ethereum Uptrend Channel

10. Jan. 2018

At this point it is pretty clear that Ethereum is in an uptrend. I do currently own some ETH but I thought this view might help others who are interested in getting in. Based on this uptrend channel the best entry would be at the bottom of the trend line with a stop below. The 50 day moving average using a 1 hour chart is also hovering right at the bottom of the trend line so this should give traders confidence to buy any dips. I would play very tight with my stop using the bottom trend line as this market is finicky even in our Crypto "Blue Chips".

Good Luck