BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
224 0
Hammer , test of FIB 0.618 and a slight bullish divergence .

A breakout of the falling wedge on volume may forecast a retest of recent highs.

Low volume, divergence flattening.
Falling wedge still broadening.

Nothing compromised so far, but bulls need to find some true volume to break out. Even more important this short term support should hold.

Failing that FIB 0.618 is likely ( again ) and 0.782 possible.
Comment: At FIB 0.618 already.
Comment: Breakout was weak.

We can have a *very sparse* flag here, but unless it's confirmed a test of support is likely. Beware.

Comment: Hopefully an upmove and a cup&handle ?

Not FIB 0,618 again pretty please !
Enough i enough.
Comment: Update: it's moving according to plan.

Needs more volume though!
Comment: Late, but still on track.

Comment: Above resistance, en route to 250$.

See original analisys in december, it's still valid:

Comment: Over 250$ already.
2nd resistance on chart cleared.
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