Pouncer626

Eth looks like it will retrace some then go up!

Long
COINBASE:ETHUSD   Ethereum
Judging by the indicators like MACD and RSI, and the general behavior of Eth, it seems like it'll retrace this move overnight, maybe a day or so, then go back up again!

It's hit its 12-3 Fib (3 wave move) targets in the 1 hr time frame over the last 2 1/2 weeks setup.

Eth put in an Inverse H&S in the last 5 weeks and satisfied the move, now it will most likely extend upwards Targeting $4900 (after a small-medium sized retracement)

Eth Hit its high from 5 weeks ago.

Good Luck!

Also Remember Jesus! He gives you your very breath and sanity! =)
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