Hi Traders,
If you recollect, ETH broke the $2k just recently and once that happens and price reaccumulates underneath, its just a matter of time it will not be respected.
Going with the fib level extensions, I have ETH hitting the next major fib level as price explores new territory, $2200 to $2300 range as the next target. So start buying in if you haven't.
From the previous post, I did mention we are in a channel or broadening wedge and under a major fib level and hence why its taking time, another goldern ratio number.
We broke it once, the next time would and should be easier.
All the best,
S.SAri
close up
If you recollect, ETH broke the $2k just recently and once that happens and price reaccumulates underneath, its just a matter of time it will not be respected.
Going with the fib level extensions, I have ETH hitting the next major fib level as price explores new territory, $2200 to $2300 range as the next target. So start buying in if you haven't.
From the previous post, I did mention we are in a channel or broadening wedge and under a major fib level and hence why its taking time, another goldern ratio number.
We broke it once, the next time would and should be easier.
All the best,
S.SAri
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