Etherium on its way to 170-175 (Hard Fork Bullish)!
Hi all, this is my first chart so it might have some rookie mistakes, from what I'm gathering i can see bullish divergence on the daily RSI albeit it is in the overbought zone so stop/losses are crucial!
If Etherium stays bullish and breaks through current resistance @ $148-$152 I'm looking for a push to next resistance levels between $169-$175, with all the current bullish bias going on and the Constantinople hard fork next week and "Vitalik Buterin" clarifying that all is going to plan i see this scenario highly likely .
Alternatively, if ETH falls down, it will most likely retrace to the 0.382 Fibonacci level which is currently at $128-$132 levels with great support.
If the 0.32 fib level doesn't hold up the next support is at the 0.618 fib with huge support @ $120.
Exciting times ahead in crypto!
Please go easy on me as this is my first chart and post on trading view, i have tried hard to learn over the past few weeks and im only a baby when it come to posting charts.
Thank you for taking the time to read and view my chart.
Have a Great Day wherever you are !
If Etherium stays bullish and breaks through current resistance @ $148-$152 I'm looking for a push to next resistance levels between $169-$175, with all the current bullish bias going on and the Constantinople hard fork next week and "Vitalik Buterin" clarifying that all is going to plan i see this scenario highly likely .
Alternatively, if ETH falls down, it will most likely retrace to the 0.382 Fibonacci level which is currently at $128-$132 levels with great support.
If the 0.32 fib level doesn't hold up the next support is at the 0.618 fib with huge support @ $120.
Exciting times ahead in crypto!
Please go easy on me as this is my first chart and post on trading view, i have tried hard to learn over the past few weeks and im only a baby when it come to posting charts.
Thank you for taking the time to read and view my chart.
Have a Great Day wherever you are !
Comment:
ETH/USDT has broken up the way, time will tell if it continues which i think it will !! $170-$175 is my next target !!