Raymond_Jeffries

Ethereum Long Breakout

Long
COINBASE:ETHUSD   Ethereum
Looking at Ethereum there looks to be another Ascending Wedge forming. You can see we had a bigger one in January that broke out and now we are in consolidation again. My prediction is a breakout to the upside due to the bullish market beforehand and price action. Looking for the 1.272 Fib ext at 1932 for initial targets up to the 1.618 fib extension at 2050.

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