Hey everyone,
Triangle Breached!
It appears that Ethereum has broken out of its triangle and could be ready for a long bull run up to $580 usd. If you zoom out on the chart you can see that its been trading sideways since june. That is a long time to be in accumulation in the cryptocurrency world. Typically the longer an accumulation phase is the bigger the breakout, so we could be in for one heck of a ride! Many charts look similar to ethereum right now, so this could indicate the next phase for altcoins. Hopefully we can see some sustained growth in steem and bitshares coming soon. I know many investors have been waiting a long time, all I can say is that we are getting closer to some real altcoin growth.