ETH still needs a little more recovery from the last big push. I think we will see it come back down closer to the 1st support line (~720-730) for a short period (few days) before we start seeing the climb to the mid to upper 900s and 1k target. The longer intervals are still showing MACD, STOCH, and RSI recovering and still showing negative divergence. On Christmas I am expecting the next big move from ETH and we will see 1k be tested on Christmas or very shortly after.
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Well I was a little optimistic on the dip, I am going to buy up. Thinking we will see a nice recovery in the days to come
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Well we seem to have a stable recovery. I don't think we will hit our original goal of $1k till maybe New Years at the earliest. I will continue watching and updating after the charts even out some from the massive dip and recovery.
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We are seeing a consolidation phase that should lead us into the next big push. When we see a breakout above $830 I think it'll be all up from there.