ETH price remains stable and has very strong support on the 0.035 / 42 dollar level. We might see a corrective wave to 0.0422 and further downside or in case it breaks up we could go for an ATH test again.
If ETH hits the ETH/BTC ATH again it will break the FIAT ATH at the same time and the impulse could continue the hyperbull. For now i take a long position again and put a stopp loss to 0.032
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we are taking off!
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good progress here. a close above 0.422 today would be very bullish
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ETH got rejected on resistance and fall down to the 50% fib of this wave. that´s a weak sign. if it falls below 0.0389 it will go down to support again in a couple of hours or days and this time it could break the 42 dollar support
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we didn´t fall below 0.0389 and can continue the uptrend from here !
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sideways so far with good chances to reach new highs in the next 2-3 weeks
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there is some time left, but the uptrend could start already. I´m expecting we will hit at least 75€ in this wave
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ETH trend could continue higher today
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just let it ride. we will soon se a 0.1
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eth got rejected by the longterm uptrend resistance. better reduce positions now. it could take some time to resume the rally
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XENCrypto
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I agree with your current analysis, seems like we are going to see a new ATH soon.