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DennisLeeBTC
Nov 23, 2017 3:59 AM

Bullish breakout on ETH!!! 

Ether / United States DollarCoinbase

Description

Finally breaking out of the symetrical wedge pattern, ETH is looking super bullish. After months of consolidation it's finally broken above the resistance trendline. Buying pressure should push it upwards by approximately 380 pts , the height of its previous pump. If it holds there, target is 745 at the 1.618 fib extension level. Mike Novogratz agrees! cryptocoinsnews.com/billionaire-investor-novogratz-ethereum-en-route-new-time-highs/

Setting stop losses slightly below the lower support trendline.
Comments
UnknownUnicorn1860900
Look at that. Beautiful call NostraDennis the Cryptodamus!
VTC
What levels would you suggest for profits?
DennisLeeBTC
@VTC, I'd probably take profits at each fib level above 500
VTC
@DennisLeeBTC, Thanks !
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