My ETH predictions for the weekend

Hello Etherians,

Here is my take on the current situation.

Ether did great to break to $180. This dip down was expected. If you trade remember to move stop losses up to claim profits.

We are consolidating hard in this lower range. I am not sure that we won't take another little dip to $150, but I already bought back in.

If someone held a gun to my head I would say that we won't be going below $154 anytime soon. [Kraken numbers]

We are building up fuel for another significant launch up. If we crack $170 again I think it will be a near immediate ascent to $200. Resistance exists around $210. If we crack above $220 we have another big liquidity gap until around $270-$280.

If we blast through $200 with enough velocity there may not be enough liquidity reshuffled in time to slow our ascent to $280.

The next 24-36 hours provides our next opportunity at a $50 green candle.

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Disclaimer……

this is just my own take for educational purposes. Not financial advice.

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