ETH - Ready to Blow Up

9 Nov 2017

After a peak on June 20th, ETH has been in a downtrend for a while. Bitcoin stole the show in the previous months and Ethereum has not really had the change to shine. But things might be about to change. I believe that Ethereum has found a bottom now and it will break up from the descending channel with a vertical shape. Once it does so, it will break likely upwards from the bigger downtrend channel with a more horizontal shape, to then blow up to the given targets.

Entry: 0.046 if the downtrend channel breaks up.

TP1: 0.062.
TP2: 0.086.
TP3: 0.116.
TP4: 0.1335.

Stop-loss: 0.038.

Good luck :)