ligand

eth pitchfork

Long
KRAKEN:ETHUSD   Ethereum
eth usd has retraced 62% + of the impulsive move since last winter. Now we are entering 5. Price is now on the threshold and likely to overcome the lower resistance line of the pitchfork (see picture). Afterwards the coast is clear to about 800 $. Then the middle line of the pitchfork will take some time and ups and downs to be be left behind.
End of 5 is to be estimated according to the upper line of the pitchfork.

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