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quantguy
May 12, 2021 11:09 AM

Ethereum Rips as Bitcoin Dips!! Long

Ethereum / U.S. dollarBitstamp

Description

Ethereum has ripped up to meet our profit target at $4293. It has retraced slightly to $4265 at the time of this writing, but is showing no signs of a significant retracement. If we do come up for air, watch $4020. It does seem to be over bought at this point and a significant retracement could even take us back to $3646. It would be a very bad idea to be short of ETH at this point, but any pull back should be considered a buying opportunity. Our next target is $4858
Comments
Bill_Howell
Spookily clairvoyant on the precautionary downside. If you keep doing this, I will conclude that the only way for you to see so well is bec
cryptobullethbtcxlm
nice analysis mate and totally agree, ETH is the most bullish I have ever seen (yes even more than 2017/2018); ETH will flip BTC this or next year.
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