DeliciousManX

First time doing TA - Bullish Divergence for ETHUSD

Panjang
BITSTAMP:ETHUSD   Ethereum
This is my first attempt at doing technical analysis. After studying up a bit and reading through Yrat's legendary Divergence Lesson, I believe there is enough to indicate that ETH will soon reverse it's current downtrend in the next couple of days. I believe we will see strong support around $3200 if not sooner, at which point we will see an uptrend. There are similar indicators for BTCUSD and other cryptos to behave likewise, so I think conditions will be ripe for a rebound across the entire crypto-space. I believe we will see ETHUSD rising to meet it's alltime high sometime next week.

Please let me know what you think. As I stated before, I'm a newb, so feel free to provide some constructive criticism.

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