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TDUX
Sep 14 - 04:55 PM

Ether - Signals Suggests Bulls Are In Good Shape

By Christopher Romano  —  Sep 14 - 03:07 PM

• Ether traded lower over the weekend, fell below the 10-DMA

• Monday trading saw Ether fall back below the 10-DMA but then rally

• Ether rallied 2466.71-2544.07, it was up +0.97% in NY's afternoon

• Downward reversals for the USD , US yields

helped buoy

• Rallies off the lows in gold, silver, equities also contributed to Ether's lift

• A daily bull hammer formed and daily RSI turned upward again

• Rising monthly RSI & bull flag on the daily chart reinforce bullish tech signals

• A test toward the 3050.00 area still seems plausible
eth


(Christopher Romano is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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