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StevoMoe

ETH Fibonacci Level Break

Long
Ethereum (COINBASE:ETHUSD)  
StevoMoe  
COINBASE:ETHUSD   Ethereum
Fibonacci Fundamental Analysis ETH ETHUSD extensionfibonacci Fibonacci Extension uptrend blastoff
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fibonacci fundamental eth ethusd extensionfibonacci fibonacciextension uptrend blastoff
  • Ethereum has finally broken through this significant Fibonacci Level on the Weekly chart
  • I think we should blow through resistance up the the 2.7k range (2nd Fib Extension) before we see real pullback. Maybe even higher.
  • ETH has been very conservative over the last couple weeks despite the rest of the market beginning to take off. I think this was great and will give ETH lots of fuel for us to blast off

Let me know what you think.
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