kyer

$ETH Broke Upward Channel

KRAKEN:ETHUSD   Ethereum
  • $ETH broke out of it's upward channel and is currently trading sideways

  • All dependent on price of Bitcoin, if Bitcoin holds $8650 I think ETH will hold $195 and finally touch our $220 target

  • Good entry would be set along $195, thinking we still could see a $182 target

  • Patience pays, don't want to FOMO in at $195 when it's dumping to $182. I don't really see too much bullish momentum now, but really think bearish momentum will die off around that $195 / $200 psy level


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