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Coinathlon
Jan 19, 2021 6:53 PM

Ethereum, where are we going? Long

Ethereum / TetherUSBinance

Description

I drew a fibonacci retracement from the previous high to the following low, which gives us clear price targets for ETH.

Nevertheless, we have just tested the ATH and are yet to break through with confidence. As we can see volume has been relatively low over the past couple of days. I'm hoping to see a strong break of the ATH with a large volume candle, which should take us straight to $2000.

Enjoy the ride guys!
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