jasonsilver

DROP TO 3K INCOMING

Long
COINBASE:ETHUSD   Ethereum
ETH has moved over 100% in the last month. We're currently in an ascending wedge which is a bearish pattern. To add we have negative divergence on volume and RSI. It isn't healthy to keep going up and up, we need retest 2800-3000 with fib level below being tested.

I believe bitcoin will test 50k and bring down ETH to 3k within the next 7 days. Once we hit these levels we'll have a strong push to 100k BTC and 5k ETH within the next 60 days.

What do you think? Do you have healthy growth and consolidation or just Moon shots with large pullbacks?

Price target
BTC- 190K
ETH - 10-18K
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