Ether made a larger pullback after hitting the -1.23% fibonacci target level - my so called FOMO targets.
We have now pulledback 50% of that move. If this level holds and more China FUD does not push us lower than the normal target of this pullback is 445. The FOMO target of this pullback is 662 area. I suspect once we push into new highs excitement and interest will really kick in and we will see high levels in the FOMO area very quickly.
If we get more FUD a pullback to the 261 area would be expected. Such a pullback would have even higher targets. Will publish those if and when we hit the 260 area.
We have now pulledback 50% of that move. If this level holds and more China FUD does not push us lower than the normal target of this pullback is 445. The FOMO target of this pullback is 662 area. I suspect once we push into new highs excitement and interest will really kick in and we will see high levels in the FOMO area very quickly.
If we get more FUD a pullback to the 261 area would be expected. Such a pullback would have even higher targets. Will publish those if and when we hit the 260 area.
