Ethereum is posting hidden bullish divergence on the RSI very near all time highs. It looks like it will surge upwards in the next few days/week(s). The two targets I have are 5,500 and 6,000$ as they're the 1.414 and 1.618 fib extensions. I'll close a chunk of my long at 5,500$ and close the remaining at 6,000$.
I expect a brutal rejection and crash at 6,000$ if it gets there so I'll probably go short at 6k if it happens.
If it goes higher that's fine. Good on ethereum if it does.
I expect a brutal rejection and crash at 6,000$ if it gets there so I'll probably go short at 6k if it happens.
If it goes higher that's fine. Good on ethereum if it does.