PickingTrades

ETH going big into 2018

Short
COINBASE:ETHUSD   Ethereum
Next target $484, push through this then its on to $640.

Good support levels at previous ceiling $388, strong supports at $355 and $298. Uptrend to $640 based on previous push to ATH from June-17.

Movement outside of these channels voids this analysis.

Expectation to see $485 in the short term and then some profit taking and consolidation. A drive to $640 is definitely on the cards going into the new year. Pull back to occur after 12th Dec 2017 with possible bounce area of $380-$420 look to buy here before ETH takes off again, maybe never to be seen at these levels.

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