I tried to share this last night, but apparently, I hit my limit of 10 posts per day. So here it is. Better late than never. :-)
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ETH new target $1500
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At a glance, I think we're going to go through some consolidation (slight drop and mostly sideways) here for the next week before we re-attempt to break the ATH and push above $1500. With the amount of money coming into the market right now, it's very likely ETH will be moving upward as the primary coin for ICO's.
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Looking at this chart again, I see something interesting.. update coming shortly!
Thank you for the post. Newbie here and this is very useful for me. When do you think ETH will start to consolidate again? Or do you think it's straight to $2,000?:)
Coin_Future
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Thanks for the update, after the objective what is the correction?
Danielkh
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you expect ETH to retrace after hitting the target $1,445?
Thank you
Oh, here is his tip jar, ladies and gents:
"Comment: For those asking, here is my Crypto Tip Jar
BTC address: 1PQPo9mQZBwuySdLwZ2thcSHFCieYdPmaz
ETH address: 0xf6f627917a8a3aeeacf03723bd67f095331bd24f
LTC address: LeaKw8Gwhv9k2BzVLEhW2VRFjpmXhGb5Vk
nightweaver
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Reached 1440 few hours ago, is 1500 still valid?
fract
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Tin.Foil
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@investa, Nice to see alternate TA methods verifying my projections. :-) What would you describe those methods as? Fibonacci + waves?
fract
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@tin.Foil, besides that I perceive financial markets as fractals (the fact that market patterns repeats itself), which is probably most important part. Here is a summarized version of the book with mind blowing concepts to be clear: users.math.yale.edu/users/mandelbrot/web_pdfs/getabstract.pdf