Ethereum looking fabulous the next 2 days ... Swingers party... changing some ETC to ETH.
(enjoy the chaos)
(enjoy the chaos)
Note
Target $800 within 3 days.Note
A part of me is fearing that Ethereum and BTC will go up together (ETH outperform), leaving alt coins behind for a while.So I need to have a considerable exposure to ETH is this happens.
Note
The reason for it going high is because it is breaking out of a Fibonacci circle set where it has been accumulating "energy". It must now rapidly convert this rotational "energy" into a higher price. Look at this zoomed out chart and you see what I mean:Note
The main chart shows moving averages also looking really good.Note
Initially I'm putting a selling order at $615 (this might change).I expect a noticeable resistance around $625.
Note
Zoomed in:Note
Expecting resistance at $612 also.Note
Today $620 ?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.