cryptotalk_et

ETH : Upto 100% Profits Opportunity in the Mid Term

Long
cryptotalk_et Updated   
BITFINEX:ETHUSD   Ethereum
MID TO LONG TERM Trading Opportunity
RSI : 58
Volume : Looking Good
Accumulation Area : 175 USD - 225 USD
Distribution Area :
Shorter Term
Target 1 : 259 USD
Target 2 : 293 USD
Target 3 : 367 USD
Target 4 : 450 USD
MID To Longer Term Trading
Target 1 : 389 USD
Target 2 : 584 USD
Target 3 : 742 USD
Target 4 : 900 USD
Target 5 : 1124 USD
Target 6 : +1410 USD
Stop Loss : 115 USD and 158 USD
Trade active:
#ETH_Update
#ETH reached 293 USD so far exactly at our 2nd target. It seems very bullish both the longer and short time frame. Now are looking for our next resistances at 315 USD for the very short term and 372 USD for a bull trend from here. If it can keep its strength we might see an extended 3rd impulsive wave which might move upto 461 USD for the current developing wave.
Conclusion :
MACD looking bullish and RSI still fair to be said in favor of the bulls. Perfect position on our EMA which is showing a bull trend for the short term. Volume is looking fairly good but we might see a good spike after Bitcoin starts its consolidation for some time by the weekend.
Expecting a bull run for now and an active trade on ETH.
Targets are still active as predicted on our last post as follows :

Distribution Area :
Target 3 : 367 USD
Target 4 : 450 USD
MID To Longer Term Trading
Target 1 : 489 USD
Target 2 : 584 USD
Target 3 : 742 USD
Target 4 : 900 USD
Target 5 : 1124 USD
Target 6 : +1410 USD
So far 64% profits in 1 month.

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With Regards. Team TWA.

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