chikoon

ETH ready to hit 500eur (600usd)

Long
chikoon Updated   
CEXIO:ETHEUR   None
Eth just broke smaller symmetrical triangle and is forming ascending triangle. All of that is happening in a huge symmetrical triangle which started forming in june. When 290eur is broken we are up to test fib 0.7 at 300eur. Once broken, mayor resistance is at 340eur and the next one is all time high at 380eur. My target from july for the end of the year is still around 500eur (600usd) or even higher. Key support is at fib 0.6 at 250eur or bottom of the triangle.

My exit point is daily close below purple support line
Comment:
Cup formed, waiting for handle and then UP
Comment:
Target reached! Next target is fib 1.6 at 580eur (700 usd).
Comment:
New target is fib 1.6 at 670eur (800usd)
Comment:
Target 671EUR reached (ATH on cexio). Support is bottom of the channel. If we want higher eth must break fib 1.6 resistance
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