gumoca

ETH could finally hit $5K this week!

Long
COINBASE:ETHUSD   Ethereum
I've been posting $ETH potential moves for a few weeks now, moving through that wedge, and finally is going to come out of it today/tomorrow and the measured move from that inverse head and shoulders is around $5,000. I think decision should be clearly to the upside given past volume/price action and solid positive momentum. We may end up having a backtest to $4.6 and if that holds should be load area before ETH makes its path to $5.6K. Keep an eye of the purple line I've drawn here. Once ETH is able to move past that line and breaks decisively $6k could be on tap, perhaps by end of november, early december. I hope you guys are enjoying these posts.

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