during the trading session on Thursday, breaking below the $1200 level again. However, I think that the market has plenty of support underneath, and it’s only a matter of time before the buyers get involved. I think there is a hard “floor” at the $1000 level as well. From bounces to take advantage of an oversold condition on the stochastic oscillator just below on the chart.
source :https://www.newsbtc.com/2018/01/11/ethereum-analysis-january-12-2018/
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From @amitraj