Ethereum Consolidates Within Bullish Flag To Go UP!
Ethereum continues to hit new highs and is now trading within a bullish flag.
$1,850 followed by $2,000+ are the main short-term targets.
On a retrace, we have very good support based on Fib. retracements at $1,350 followed by $1,260.
If it gets really ugly it can hit the 0.618 Fib. retracement level at $1,170 before resuming growth...
We are of the opinion that any retracements will be short.
Bottom line: UP, UP, UP, UP & UP!
Namaste.
$1,850 followed by $2,000+ are the main short-term targets.
On a retrace, we have very good support based on Fib. retracements at $1,350 followed by $1,260.
If it gets really ugly it can hit the 0.618 Fib. retracement level at $1,170 before resuming growth...
We are of the opinion that any retracements will be short.
Bottom line: UP, UP, UP, UP & UP!
Namaste.
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Price action remains pretty strong as ETHUSDT trades very close to resistance.