Hello, everyone there! Today we are probably going to previous local maximum, or even to fib 0.786. if the handle forms now, we probably going to 17k. Lets watch it now.
I feel like theres a cup and handle formation coming soon, so probably good to buy it at that "0.236" fib line and hopefully it'll moon past those other fibs. So yeah Keep an eye on it, and have your stop limits ready
I saw that wolfe wave form (green and light blue pattern), but it failed to break out of the pink triangle. The wolfe wave consolidated into a cup and handle (dark blue) and broke out of the pink triangle. Now I see a larger pink cup and handle forming, hopefully this will break out of the turquoise triangle...otherwise hopefully it bounces off the golden trend...
Ethereum, formed two simultaneous bullish patterns, added to this, on 05/31/17 this coin will be added to the HUOBI platform, further strengthening its trend.
The counter are the giant sales walls that expect it from values like 0.083 onwards.
If ETH comes out victorious from the fight it is very likely that your fans will have very good news soon.
Thank you all!
Solid cup and handle formation across several time intervals. Support/Resistance channel indicates possible next target of $250. I am predicting a large dump at this price, as early investors will be collecting profits. Reasoning behind this price as a dump point lies in more in psychology than in technical analysis: $250 is a nice round whole number, that is...
