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Jhobely
Apr 2, 2021 6:00 PM

Ethereum in the way to 2500$ 

Ethereum / U. S. DollarKraken

Description

Right now has formed a W patterm Bullish pattern that shows the actual target on 2500 . Also applying Fibonacci We have the same target. So nice moment to get in !! What do you think?

Comment

I would wait until a retracement to get in, and stay in the possible uptrned in the coming weeks. This is my analysis it´s not a recommendation or guess for you to entry. Your comments are welcome!

Comment

As you have seen the ETH price retraced until near 1938 as I mentiones in another comment below on April 2nd . Then went going up again until 2195, It has found a nice resistance between 2146 - 2195 , Once berak this level and hold, I still keep my analysys based on fibonacci that will get until 2488, next the 2500


I´m looking the chart 1D

Comment

Happy my analysis was Ok , ETH will go up to 2488 near 2500 !!
Comments
poidogofficial
Looks like it will go up to 2188 range of the 1.618, and retrace after. 2500 seems high.
Jhobely
@poidogofficial, Yes a retracement I see on 2183 to 1938/1940.. Let´s see what happens. on the 2183 level.
Seek1ngAlpha
very nice 👍🏼... how big of a retracement are we expecting?
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