ETH/USD

in #ethereum4 years ago

Ethereum bullish rallies a lot this month with a massive gain of 130% and its actually double the price from its all time low last March 13. From $89 up to $226 and the momentum still continues. As seen in the Fibonacci tools the price now is already hit the sweet spot of 61.8% ($210) Fibonacci. There will be two possible scenarios at this situation at first, from 61.8%($210) this will retrace back to 50%($187) the yellow lines and the target price will be at 78.6% ($240) the check mark. Secondly, the price go all the way to 78.6% ($240) level the violet line and retrace back to 61.8% ($210) and the target price will be 100% ($285) Fibonacci level. If you already gaining you can take some profits or your capital and let your winners ride.

Remember its better to gain than to loss. Let us keep our losses at minimum and let our winners be BIG!

Be patient trader and don't trade with emotion, just plan your trade.

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