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  ·  7 years ago (edited)

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

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

It is already ranging between $340-345

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

Yes

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?

  ·  7 years ago (edited)

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.

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

I post new charts only when it is necessary.

Thanks Srezz!

Thank you srezz