kyer

ETH $2,000 Next LONG Target

Long
KRAKEN:ETHUSD   Ethereum / U.S. Dollar
Ethereum recently lifted up to the previous 2017 ATH price at $1594 and turned that level of resistance into support. From here, it found support on top of the channel, wedged between that and the $1784 resistance level .

I'm expecting the price of Bitcoin to fly to $54,000 and carry the price of ETH to $2,000 and above. $1784 is just a minor level of resistance in the grand scheme of things and is most likely going to hit $2,000 on its next stop.
Trade active: Looking at the daily timeframe of ETH we can see that its trying to close above $1784 to bring the price to $2000 and above. At the moment, the price of Ethereum is being squeezed and its just a matter of time before it breaks out

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Comments

Seems like a good time to enter
+1 Reply
kyer abel11
@abel11, Time to go long to 2k
Reply
looking exreamly bullish as you explained.
Thanks
+1 Reply
kyer TRADiNG_hub
@TRADiNG_hub, Thank you trading hub
Reply
Good chart, kyer. My targets are not the same, but who knows for sure? I attach my analysis here with thanks.
+1 Reply
kyer Rule72
@Rule72, I guess time will tell thanks for this analysis
+1 Reply
@kyer, My pleasure, kyer.
Reply
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