Market View
Sunday, November 26, 2017 1:10 PM GMT
Ethereum performed a great breakout of the long-term triangle. This is a major technical movement as the cryptocurrency isn't moving within a range but its obviously trending to the upside like the BTCUSD, the king of the cryptos. The triangle pattern activates a minimum measured target of $200 to the upside.
Daily

Heading to the hourly TF, we have noted a rebuying support zone if ETHUSD retraces back. There is a small RSI negative divergence which may push price lower.
Hourly
