BTCINVESTING

ETHUSD: Positive outlook for ETH: Possible top at 10k to 14k! ๐Ÿš€

Long
KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Hello my friends!

If we analyze Ethereum with the Trend Based Fibs Extension, a pretty clear picture appears.

On the last up, the correction to the 4 was in the Fib 0.5/0.38 area. This time we also corrected into this area. If we now apply the Trend Based Fibs Extension, we get a pretty clear target picture at minimum 1.618 (8,000 USD).

If ETH were to go to Fib 3.272 like last time, we would be at around 14,400 USD this time. If we calculate conservatively and we reach 2.272, the target point would be slightly above 10k. Lets cross our fingers! ๐Ÿ˜€

BTW: My Bollinger Band is here 350 Daily (StdDev 0.618, 1 and 2).

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Let's see what happens.
Happy trading. ๐Ÿ˜€

BTCINVESTING

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Comment: Middle Band (blue middle line) touched. it should hold.

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