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Ethereum Accumulation Opportunity.

Long
BITFINEX:ETHUSD   Ethereum
Since May ETH was in a downtrend. But after the reversal on the end of June an upward trend is already developing. If it can close above the major resistance at 490 USD it may have a probability to perform an elliott rally. Both RSI and MACD showing a positive outcomes in the near future. Besides this some volume spike might be needed for the boost. Other than that it would be a good potential entry for those who get this currency less than 500 USD at all. An easy 100% profit is expected in the mid term investing opportunity and plan.
Accumulation Target : 480 USD - 495 USD
Short Term Targets
Target 1 : 516.84 USD
Target 2 : 543.31 USD
Target 3 : 580.99 USD
Mid/ Long Term Targets
Target 4 : 621.30 USD
Target 5 : 672.44 USD
Target 6 : 745.25 USD
Target 7 : 838 USD
StopLoss : 403 USD
Good Luck.
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