MohsenCapital

ETH EXPLOSION UPDATE !

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BITFINEX:ETHUSD   Ethereum
Traders,

Here we have ETHUSD 4H chart.

I posted a ETHUSD analysis lately, and the Gann's moved smoothly with some changes simple but for the short term traders you can check ideas here below:



Price is trading upwards since our 1st ETH analysis, and if you followed me, you would have made significant profits already.

Price is now trading at 605, after breaking out the bear trend line continuing to the upside. Price is currently finding strong resistance at 0.236 Fib, because of this, There is a chance there could be a correction now, before any further upside ensues.

to touch the major 200 EMA at 505$ after recovering from this little cross of EMA 50 and 200, but the main idea about this monster coin is as it is at 0.382 Fib 770$
Note:
This idea will be short for day or two as a maximum prediction
Regards,
Mohsen

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