EuroMotif

ETHUSD Breakout Watch: Ether looking for Next 40% jump?

EuroMotif Mod Updated   
COINBASE:ETHUSD   Ethereum
Ether might be priming for next its jump between Fib Bands.
Of course, it will be up to Bitcoin to set overall direction.
If the Bull Run continues, this could be a nice profit opp.

"Wide Open Spaces" between bands are like voids where price does not like to linger.
Once it achieves "Escape Velocity" to leave one band, it should quickly reach the next.
There is often a "Sling Shot Effect" which causes overshoot before the energy dissipates.

$316 break would be good entry for ETH believers.
$333 break+retest would be safer entry for traders.
$350 zone will be fist resistance with psych value.

My previous Ethereum analysis:
$216 to $288 jump (perfect timing)
$288 to $333 jump (underestimated safe target)
$125 bounce Call (perfect entry zones)

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See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.

Currently in Play:
BTC retrace watch
ZEC retrace Watch
XRP at Impulse Redux
POA bottom watch
Alt Extinction Event?

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LINK re-entry (caught the spike)
LTC to $150 call (near perfect plot)
BTC bottom 3.1k (caught the EXACT bottom)
MATIC top Warning (caught the EXACT top)
NEO Rocket Launch (great entry, massive profits)
ETH breakout (instant Profits, no drawdown)
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ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
FET top warning (EXACTLY on time)
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Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Comment:
Breakout failed, but we hit the 1st support exactly with a wee bit of a bounce Lets see if that holds.

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