IanWatson25

ETH/USD A Foe before Friend to kick off the FUD?

Long
BITSTAMP:ETHUSD   Ethereum
Grey Block- 343 minute M.A.
Dark Blue Line- 77 day
White Line- 7 day
Light Blue- Present

Ethereum is in a beautiful place, with any positions outside of the next 8 days looking strong in my opinion. I think 1500 before end of month is a given. ETH clearly started new cycle near 1st of year ie. cyclical lines.

However, next few days expecting ATH/ reasonable (FIB 1.0) / to send ETH back to about 1,250 USD for a couple of days with candles in the 1100's maybe.

(1/16/18) - Est. 1268 USD

(1/23/18) Est. 1500 USD

Local support- 1170 USD
Major Support 950 USD

Local Resistance- 1405 USD
Major resistance- 1600 USD
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