ETH Heading Toward $400? Technical Analysis Breakdown OCT 07 2017
For the last couple of days, Ethereum is ranging between 280-315 price level. It formed a inside bar pattern. It's the calm before storm.
There's a network protocol upgrade scheduled at 17th of October. So, both fundamentally and technically it's uptrend and if the network upgradation successfully completes and price closes above that inside bar, then it will be headed towards 400 level.
All we need is to wait for a price confirmation to jump into the trade.
img credz: pixabay.com
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