quantguy

Next Targets for Ethereum

Long
BITFINEX:ETHUSD   Ethereum
Ethereum blasted through the extremely significant $1K level. In true crypto style it did so on a Sunday night. This was subtly lagging bitcoin and out of the limelight, giving crypto enthusiasts plenty of time to accumulate a position. The Kovach OBV is extremely strong here. Like bitcoin, any dip should be considered a buying opportunity at this point. The next profit targets are at the nested Fibonacci extensions: $1052 and $1077.

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