Etherium about to make some serious moves against bitcoin

Etherium has just broke out of a bullflag against btc and expected targets form part of and even bigger breakout on the weekly chart

short term targets 0.077800
long term targets 0.115233

share youre thoughts

Note

Eth currently retracing off 127 fib extention, some consolidation above previous High before we continue to 161 fib level

Note

Short term target hit, now we wait for long term target at 0.115233

Note

got the Daily close above resistance looking for a possible retest before moving forward to target

Note

An Important moment for Etherium against Bitcoin. A daily close above this level signifies strength against Bitcoin and could push Etherium to re-visit ATH's

If we zoom out a bit further you can see that previous ATH also lines up with fibbonachi extention 2.618

Note

Eth holding very strong through the drop

StructuredTrading

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

StructuredTrading

Also on: