imocchi

another fake forecast :P, to 1200+ by the end of the year

imocchi Updated   
BITSTAMP:ETHUSD   Ethereum
Looks like we are breaking out again!

If we look at 2.618 fib level we should cross 1200 level in wave 5 or wave 5 extension, and I am sure there will be no retracement in December, because smart people will try to hide their profits from income tax, and reinvest it all.
After January 1 we have to be very careful as the price might crash.

Personally I was able to buy back at 650 after sold at 680 (retracement to 616 was so brief that I missed it :(, leaving a buy order was risky in case if it retraced to 540s)

I hope to sell above 1200 in January :D

There might be a small retracement after we cross 900 level too, but that will be brief and will recover quickly, possibly will touch 0.618 levels
Comment:
PS we should also watch BTC prices, because ETH is rarely above 0.05BTC
Comment:
I will try to sell around 980 before going to 1200 if it reaches that level before December 20th
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