ngordon

ETH target 14000

Long
COINBASE:ETHUSD   Ethereum
ETH target for the top of this bull market is 14000.

Ether has strong technicals and fundamentals currently. EIP 1559 upgrade should propel ETH much higher. I believe ETH will outperform BTC over the next 10 months. My target is 14000 sometime between mid November and mid January. This is based off of forward looking Fibonacci retracement model and comparing current ETH price action to BTC in July 2017.

ETH total marketcap target at the top is roughly 2 trillion.

Resistance levels 2041, 3550, 5700, 9200, 11650 and 14000.

Support 1803, 1728, 1615, 1421, 1238, 980.

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