Do we ever tire of winning? No we do not. We have called out the breakouts and targets in Ethereum and made lots of profit in doing so. We even called out the level at which ETH would have some resistance, by using Fibonacci extension levels anchored at the most recent relative highs and lows of the bull wedge pattern. Ethereum does look like it is coming up for air which is perfectly reasonable after such a move. It is going to find support at $1550, which was our price target for the breakout. Worst case it should have support at $1424, which is the upper bound of the bull wedge pattern from which it broke out. If we are able to breakout again, $1750 is the next target which is another Fibonacci Extension as well as a nice psychological level.
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