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Ethereum's potential targets
Hi friends,
We can see that Eth have like many other cryptocurrencies have broken out of their downtrends.
Common targets for the falling wedge pattern would be the following:
1st target: 0.5% 239.59$
2nd target: 61.8% 268.76$
We can also see that the RSI on the daily chart is 82 which signals that the price is overextended and a pullback is to be expected.
This is no financial advice, do your own research before doing any kind of trading activity.
Please like if you support this idea, much appreciated !
Have a nice day :)
We can see that Eth have like many other cryptocurrencies have broken out of their downtrends.
Common targets for the falling wedge pattern would be the following:
1st target: 0.5% 239.59$
2nd target: 61.8% 268.76$
We can also see that the RSI on the daily chart is 82 which signals that the price is overextended and a pullback is to be expected.
This is no financial advice, do your own research before doing any kind of trading activity.
Please like if you support this idea, much appreciated !
Have a nice day :)
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