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salmanijaz
Jan 7, 2018 6:55 PM

ETH in an ascending channel Long

Ethereum / U.S. dollarBitstamp

Description

Everything mentioned in the chart

ETH is battling a resistance and may retrace a bit but looking very bullish

All levels are mentioned in the chart

Comment

Looking very strong to reach the target :)

Trade closed: target reached

Comments
NickMickYoK
What do you think does ETH hit upper resistance again?
salmanijaz
@robotcu27, Yes, I have updated ETH with a new chart. Check it out :)
NickMickYoK
@salmanijaz, Oh I see, Thanks mate
rob2010svk
Hi... got around 5k euros to invest into crypto right now, ready to go on exchanges, thinking about going in ETH or BTC or both, whats your opinion please ?
Btw im not daily trader, but HODLer. Will no need that cash back anytime soon... End of the year maybe or even later...

THANKS
salmanijaz
@rob2010svk, Hey, I have sent a message to you :)
murad_wan
Do you see another back track? There was a slight reversal today but if you missed it. Can we expect another? As purchasing on a high as it is now may not be the best idea
salmanijaz
@murad_wan, You are right that buying now is very risky. As far as the reversal is concerned, we might see a small pullback to the nearest fib level so keep an eye :) Best of luck
CB58
What a day eh? Wow! I'm still holding because my weekly trade limit would have prevented me from selling and buying back. I still like what I see, nice response to the selling. Waiting for ETH to find its sweet spot for the next accumulation point. This is a lot of fun !
Dirich
What is the next target level after the little retrace?
salmanijaz
@Dirich, Difficult to say ... Its too volatile at the moment :)
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