ETHUSD Approaching $3000 BY May 27th.It looks like Eth will continue it's path of least resistance.
The price target for this short term time period is $3000 by MAY 27th 2021.
Look for big runs in the coming days.
Qeth
QETH 4HRWith ethereum recent move up following bitcoin, monday morning can be good if the eth run continues. Short term target is 32-35$.
Ascending triangle on 4hr and 1 day charts.
More volatility then expected.
A good buy range can be 19-22 on a dip.
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QETH is currently retracing W1 which can bring us easily to 11.00$.
There is 2 gap up to watch, 11.81$ and 11.00$
Currently we are in a falling channel not a falling wedge which is Bearish.
Falling wedge are a bullish pattern but it's not the case here for QETH.
-The EMA ribbon is currently resistance.
-VWAP is also resistance and at 12.86$ on the 15min...
-Stoch RSI is point down like the RSI
-MACD momentum is not good at the moment and below 0
-RSI is beggining to be oversold which should bring some upside soon.
Most wishing entry points :
-5.68$ Golden Fib from the bottom
-2.23$ 0.85 Fib
Entry points for the next swing:
-11.01$ GAP
-11.22$ 0.85% fib
-11.49$ 0.786 fib
-11.81$ GAP
