theoracle19
Long

ETH Consolidation

BITFINEX:ETHUSD   Ethereum / Dollar
Side by side look at recent run-up/fib retracements with the last run-retracements. Dips matchup to similiar fib levels. Long term trend line held so far.

I remain buillish on ETH, had previously recomended buyback under $1000 if you day trade, we hit that today.

$1212 level looks to be serious overhead resistance. Bumped into it three times before the last major breakout (from $700 level to $1400).

Lets roll!
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