ETH/USD update

[srezz]

ETH is going to test all time high.

https://www.mql5.com/en/charts/7557647/ethusd-h4-simplefx-ltd

Comments

[srezz]

It looks like we are in a full swing of profit taking. But I don't expect the market to go below $350

https://www.mql5.com/en/charts/7564287/ethusd-h1-fxopen-investments-inc

[xtv]

Do you think ETH will have a fast recovery from this swing?

[atulpunjani]

It is already ranging between $340-345

[xtv]

Thanks Srezz for your TA!! Have we to add 4-5 dollars in more liquid exchanges as Kraken?

[srezz]

Yes

[eth03]

After testing of an ATH, do the previous posts still look like they hold as far as some small consolidation followed by an eventual 16 week target of over 500?

[srezz]

16 weeks cycle and not 16 weeks target. We are in the middle of such cycle and I expect my $500+ targets to be reached within the next 8 weeks.

My last update is based on 4H chart. Therefore all shown targets are valid for 48 hours.

[rjh]

In your previous post you mentioned that it would consolidate to around 363 383. Was this accomplished already and is it now going to go to the higher level.-405-410

[srezz]

I post new charts only when it is necessary.

[mpgd]

Thanks Srezz!

[crazind]

Thank you srezz