Margin_Hero

Will $ETH Double in Price From Here?

Long
BITFINEX:ETHUSD   Ethereum
Ethereum is seeing a nice surge from the recent low at around $168. I believe it will continue a steady pace forward and ideally it will test the top of the trend line where the .618 fib is at, around $583.48. We are nearing resistance now and do expect ETH to retest support along the way, so no need to FOMO in now.

How I plan to trade $ETH:

I already took some profit off the table around $250, and will buy back in at support test around $230. I have additional sell orders at the .236 ($327) and .382 ($425) fib

About me: 

I am a professional trader with over thirteen years of trading experience. I am fortunate enough to have had the opportunity to retire at age thirty, and I now trade for pure amusement. I love the crypto community, and would like to further flourish within it by helping any newcomers learn to trade and invest, and adopt a crypto currency lifestyle. If you found this chart helpful, please give it a like and follow me on Twitter. 

Thank you, 

Mike, the OMEGA Trader 

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