LisaNEdwards

ETHEREUM ON TARGET TO REACH $350 AND BEYOND

LisaNEdwards Updated   
BITMEX:BETH   Ethereum
Hey Everyone,

ETHEREUM seems to be in a sideways forever pattern but if we look Ethereum has out performed Bitcoin with a massive 240% profit compared to BTC 175% since our Parabolic rise started in December 2018.

ETHEREUM has one more push here and then another correction and after that we should again have a strong push higher to $350 and beyond.

If we also have a close look at the ETH/BTC pair we can see that ETH is currently holding strong in comparison.

REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimise your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!

<3 Lisa

DISCLAIMER:

The Legal stuff - I'm not financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...

PS make sure you give me a like, that way you get updates as I post them.... :) <3
Comment:
A quick update for those messaging me :)
The squiggles are how I think this will play out
Comment:
ETH is almost at Target :)
there are 2 patterns here, one that corrects after target and one that continues, so I suggest raising stops to stay in trade if it does <3
Comment:
ETH is also holding diagonal support, there is a possible dip to 258-262 but not a deep one
Comment:
If diagonal support breaks - support is in BUY ZONE
Comment:
ETH corrected to the 262-258 range as expected overnight and has had a bounce straight back up, it is currently forming a flag here and should rise soon, it is going to feel we are heading sideways for a while longer as ETH trades the BUY ZONE to Target 1 region

Comment:
ETH has bounced strongly in our previous BUY ZONE, as I say in many of the updates, often coins will return to the same position more than once, it is to test support, create more liquidity before heading higher and just general correction which makes the coin stay healthy, because if it is straight up, the drop is straight down, so frequent corrections create support zones in pattern memory
Comment:
ETH has had the perfect bounce from the BUY ZONE
pattern is different from BTC so will start to move independently
Comment:
ETHEREUM dropped back into the BUY ZONE and over the last couple of days has taken off to hit Target 1 - we have had a shallow retrace, and should head higher to attempt next target

❣️Lisa N Edwards❣️

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