ETHEREUM Looking quite bullish long term.. Because the "ASCENDING TRIANGLE" (Linked Post) followed Elliott, and stuck to the resistance and support lines so well, I assume it will continue up with the Elliot waves (I believe it will break up quite strong), once it finishes forming this ASCENDING TRIANGLE!! It has been following fibonacci S/R points quite well, giving me nice points to either jump in, or take profit.
Im expecting BULLISH MOVEMENT to the $200 Zones after potential upwards breakout in a few days/weeks!!!!!
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CHECK LINKED IDEA FOR REFERENCE!!!!!
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Showed support and has bounced off of the 62 -65 Fib Level (AKA Golden Pocket) Now showing all signs of bullishness
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Elliott wave is holding veryyyyy nicely. I like the ascending triangle breakout for the 3rd wave that is in the process. Been a beautiful swing trade