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Orame30
Jan 9, 2018 8:01 PM

ETH Target - Next Leg Up Long

Ethereum / U.S. dollarBitstamp

Description

Hit the $1245 breakout target from the $750 price consolidation. Next leg up on fibs is $1700 - matches up nicely with overall trend channel. If more narrow upward trend hold we should be seeing $1700 in the next week or so. If Narrow channel breaks there is fib and channel support around $960.

Chart looks strong, lots of positives in overall market sentiment. Awareness of Ethereum (and all the tokens on its platform) is growing. New money continues to flow in.
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