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Bitgolder
Sep 24, 2022 2:29 PM

ETHW ETHEREUM POW Primed For Takeoff! $18 Next Big Resistance Long

ETHW / DollarBitfinex

Description

ETHW has been moving up steadily. I see lots of buy orders on exchanges with many less sell orders. This is being accumulated in my opinion and is about to rocket back up to previous highs. Next major resistance is around $18 maybe a few stops and bounces on the way to $18 around $10 and $13 but this could run quick since there really is not many to buy at the moment. Even if this coin doesn't succeed in its mission there will still be a FOMO pump just like with all the other major forks. $18 is my shorter term target with potential longer term targets up to previous highs when it was just IOU's trading around $60. This is not trading or financial advice this is just my opinion. Thank you, like and follow for more updates on your favorite coins.

INVALIDATION:
ETHW may bounce off $7.50 but if that fails then we may head back down to next support around $6.50 and then $5.50 which is heavy support! I think a pump is more likely though.
Comments
panteastea
very nice..i hope so
Bitgolder
@panteastea, Here it goes almost 10 bucks now
SwallowPremium
I like your chart, good work! Keep it up!!
Bitgolder
@SwallowPremium, Thank you very much, I appreciate your support. I hope you have a great day.
panteastea
wow $ 14 usd, and now still correction to $10 and keep going down
Bitgolder
@panteastea, Its going to correct down to at least $7.80 but with the panic selling it may get to even 6 dollars. i have buys laddered from $7.80 to $6.00 and then selling again at 10 for the bounce and then probably a retest down to $8 ish and then I will re visit
panteastea
@Bitgolder, i am still hold for the next target
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