420 in View

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But will we get there? Some respectable big shots have been writing ETH off until we cross $420. At least with the latest price action, we can now start whispering it. Cautiously though because we are trading in some of the most volatile markets out there. It does not take much to move the price inside patterns. Currently we are sitting round the bottom of a pattern and that is enough to make Money Man nervous, but a pattern must have a bottom perimeter or there would not be a pattern at all. Please have a look at the Bitcoin analysis linked below. There are striking differences in levels and the percentages they offer in comparison. This is normal for the comparison but should serve as a note of caution. A market cannot function normally if the majority is right – that situation leads to parabolic moves – and then only for so long before the majority is proven wrong anyways.

Conclusion: We are mid-week and there are not many things to hang your thinking cap on, so be open minded, but prepared. The spaces on this chart are big. Very important to me: Please like, if you appreciate the effort, please comment to give this spice and Please follow if you think this is leading somewhere that you might like to know about.

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