Eth/eur buy opportunity

Feb 4, 2018

As you can see ethereum is following the two trendlines I painted in the image. I a few days they'll come together, I expect a breakout from that point. Ethereum will rise again from that point. It's possible that it will look for support once more on the bottom line be careful about that, after that I expect it will go up. Height of the two arrows is the first target.

I'll update this idea when it receives 25 likes.

Feb 5, 2018

Note

Watch out at this moment! Ethereum is at the described support line now. It should bounce back up now, but a break out is also possible and we will reach much lower levels. At the moment of writing I see a shadow at the bottom of the candle, so I think the support line will hold it.