ETHEUR is looking a little exhausted on daily . Possible retest of the bottom side of this . Retest would give a lowest price of 262-264 Euro in the coming days, allowing for more supply to drive the price upwards and break descending (dotted) .
Long term: ETHEUR is looking .
We can see the base range for this is around 267 points, give or take. This would give us a target range of about 610 Euro in the long term, once there is a break to the upside of this at the 345 Euro area. We are looking for a break over previous all time highs around mid to late December.