kristopherbonnet

kristopherbonnet

Bullish flag LTCEUR, could see movement to bring us back around 44€ (+10%)

kristopherbonnet Updated 

Following yesterday's minor dip (not considered as a dip since it was testing support (source: twitter.com )), I reviewed how ether reacted after major liftoffs (i.e.: 19th May / 9th of June, based on our general LT supports & resistance (in complete line trends) and averaging this month's trending supports and resistance (in green and red --- trends), I'm very...

kristopherbonnet

Bull pennant coming trough, movement incoming, this could be the start to achieve the 346€ mark by the 21th of june, if we break trough resistance, we'll see a nice lift, if we don't, we'll be breaking out of the pennant and will suffer another minor dip, but considering the current movement, fairly confident of a liftoff.

kristopherbonnet

We can see the support coming from the bull pennant at a macro level and the bull flag at a smaller level, we recently evolved from 309€ support line to 317€, which is our current support. Possible liftoff, but definitely some movement coming

kristopherbonnet

Pure speculation, on the basis of how ether recently is developing, with our resistance / support layers, and based on the average time for ether to liftoff and correct. Again, I'm not specialized in this, so this is pure speculation based on my thinking