Ethereum chart analysis (10/2/17)

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Similar to the Litecoin chart, we see a symmetrical triangle pattern on the hourly time frame. Again, based on the chart pattern and MACD cross lines tightening, a breakout should occur within the next 24 hours. RSI is currently 41, so this may be a good time to buy, as we are much closer to the oversold side than overbought.

With Ethereums upcoming hardfork approaching, will we see ETH return to all time highs? Let me know what you think in the comments below!

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Ethereum chart analysis (10/2/17) | Ecency