Long

Impulsive upward movement on the daily chart

ETH: I was wrong on this one. Sellers were not able to push this lower. The good thing is that I never got the confirmation on MACD and the Rate of Change to call this bearish. After the recent breakout, any dips down to $711 should be bought. We are starting to see impulsive upward movement on the daily chart. As long as the MACD continues to be on buy mode, in my wildest dreams, I see this going back to the 76,4% fibonacci retracement of the whole move lower, at $1168.40 . #notaninvestmentadvice, #pleasedoyourownreaseach #justmypersonalopionion

Monis

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