lamppole
Long

ETHUSD dip before big push, $1k Christmas??

COINBASE:ETHUSD   Ethereum / U.S. Dollar
ETH still needs a little more recovery from the last big push. I think we will see it come back down closer to the 1st support line (~720-730) for a short period (few days) before we start seeing the climb to the mid to upper 900s and 1k target. The longer intervals are still showing MACD , STOCH , and RSI recovering and still showing negative divergence. On Christmas I am expecting the next big move from ETH and we will see 1k be tested on Christmas or very shortly after.
Comment: Well I was a little optimistic on the dip, I am going to buy up. Thinking we will see a nice recovery in the days to come
Comment: Well we seem to have a stable recovery. I don't think we will hit our original goal of $1k till maybe New Years at the earliest. I will continue watching and updating after the charts even out some from the massive dip and recovery.
Comment: We are seeing a consolidation phase that should lead us into the next big push. When we see a breakout above $830 I think it'll be all up from there.
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