After many weeks of hibernation, the mighty Reptar is ready to feed!
Target is 350, will consider dino-breakout above 368 USD!
Legend has is, Reptar will perform live on ice for the world to watch if ethereum goes above 420 USD
Note
The small drip out of the bottom trend line is simple Reptar drooling as he smells his eth is almost done cooking.
But really, we hit the major support for the 3rd time this month now. Its not giving up. Eth failling to the 225 and lower levels that I keep seeing people post about would mean death to a lot of the ERC20 tokens and would force miners to switch away for while. It is possible that eth just sits sideways here for some time though. As it is actually a good price range for mining and liquid enough for big ico to cash out into without dumping it hell.
Good luck everyone!
Trade active
Finally btc blow off top confirmed. Eth is in many peoples eye now.
Trade active
many resistance levels ahead before we can test 400 again. The main one I am concerned about is 350 as we did not get there on the last attempt a month or so ago.
If we break 350, 368 is still the true bullish confirmation area for a real breakout. This run could be as big as the the first run in the beginning of 2017 :D
Trade active
Trade closed: target reached
368 target hit. Waiting for a better signal on a continued bullish move.
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.