quantguy

Ethereum Rips as Bitcoin Dips!!

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BITSTAMP:ETHUSD   Ethereum
Ethereum has ripped up to meet our profit target at $4293. It has retraced slightly to $4265 at the time of this writing, but is showing no signs of a significant retracement. If we do come up for air, watch $4020. It does seem to be over bought at this point and a significant retracement could even take us back to $3646. It would be a very bad idea to be short of ETH at this point, but any pull back should be considered a buying opportunity. Our next target is $4858

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