Subterfugex

ETH $670 Retest Likely

COINBASE:ETHUSD   Ethereum
A decently strong trend is forming.

If bullish trend holds we could test $670.

If DMI continues to indicate a bullish trend the breaking of $670 may be contingent upon bitcoin breaking a new fib zone that it rejected off earlier in the hour. From there nearly $800 might be realistic with a BTC continuation.

BTC DMI still indicating a fairly strong bullish trend, however we may see a decently sized price correction if we don't break the most recent ATH level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.