ETHEREUM & Market Signals Hinting A Likely Bottom Is In

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·@exxodus·
0.000 HBD
ETHEREUM & Market Signals Hinting A Likely Bottom Is In
![Screen Shot 2018-05-24 at 12.14.22 PM.png](https://cdn.steemitimages.com/DQmQqcvERJp2LjM9i8xgc9oKwEsMdiEggjmnEApDt1YwrDg/Screen%20Shot%202018-05-24%20at%2012.14.22%20PM.png)

We're seeing a lower low price level with a higher low in RSI on all charts. Additionally, we've seen the climax of volume already in and that's another indication that the bears have exhausted themselves and we will likely see a bottom in. 

We've seen additional bottom signals on charts like the formation of the candles. We saw bullish looking candles at the price bottom so far and are seeing a bit of follow through. 

I would like to see a continuation and more follow through. Hopefully we will see prices moving up. I expect to see movements up to the EMA resistances for the longer charts. 

Overall, signs are still pretty positive for a decent bounce and shorter rally. I think on the longer scale, we are definitely still pulling back. 

<h1>Happy trading!</h1>
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