Lorenz_Capital

Positive signs for continued rally

Long
BITFINEX:ETHUSD   Ethereum
what we see here is a classic market breath scenario - a solid sign that this bull run is not over, and there is a high probability that we will see a continuation of this rally (so long as BTCUSD holds up near these 10k levels.) - my target is $550- $600 levels - aligning with the 161.2 fib extension. Not a strong buy signal but if you are sitting on profits from the initial rally, my recommendation would be HOLD for sure.


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