Ethereum Technical Analysis January 8th!
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Ethereum Price[/caption][caption id="attachment_2144" align="alignnone" width="1237"]
Ethereum Price[/caption][caption id="attachment_2145" align="alignnone" width="1237"]
Ethereum Price[/caption]
Ethereum Technical Analysis January 8th!
Ethereum Technical Analysis January 8th! Above is the 4 hour chart showing a nice run up to ATH's getting resistance at $1225. Parabolic Sar is in a continuing uptrend look for this to be broken before a major downswing occurs. Stochastic RSI is in the upper range I would say a pullback will occur testing the $1050 support short term. Now for the bad news Ethereum is on a 13 count on the 4 hour very bearish. The 1 day count is a 9 count very bearish. Weekly is a 9 count so every indicator is pointing to a major pullback of %40. CME futures for Bitcoin sold today on the open the I expect a bad week for the whole market.
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