ETHEREUM Gearing Up For Move To $1,000

in #ethereum6 years ago

Screen Shot 2018-05-01 at 4.22.24 PM.png

Right now we're in a consolidation pattern with ETH shaping up to see some potential upside in the near future. On the longer charts, the pattern looks to be similar to what we saw right before the run up to the ATH at $1,420.

The $670 level seems promising, and the big bear move yesterday was only a fake-out that didn't see follow through.

If we see further consolidation on the longer charts, we're almost guaranteed a bull break and run up to upper $800s, with a longer term target of $1,000 psychological by the end of the month.

Happy trading!

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I'm not too far off.

good job

thanks!

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