Looks like we are breaking out again!
If we look at 2.618 fib level we should cross 1200 level in wave 5 or wave 5 extension, and I am sure there will be no retracement in December, because smart people will try to hide their profits from income tax, and reinvest it all.
After January 1 we have to be very careful as the price might crash.
Personally I was able to buy back at 650 after sold at 680 (retracement to 616 was so brief that I missed it :(, leaving a buy order was risky in case if it retraced to 540s)
I hope to sell above 1200 in January :D
There might be a small retracement after we cross 900 level too, but that will be brief and will recover quickly, possibly will touch 0.618 levels
If we look at 2.618 fib level we should cross 1200 level in wave 5 or wave 5 extension, and I am sure there will be no retracement in December, because smart people will try to hide their profits from income tax, and reinvest it all.
After January 1 we have to be very careful as the price might crash.
Personally I was able to buy back at 650 after sold at 680 (retracement to 616 was so brief that I missed it :(, leaving a buy order was risky in case if it retraced to 540s)
I hope to sell above 1200 in January :D
There might be a small retracement after we cross 900 level too, but that will be brief and will recover quickly, possibly will touch 0.618 levels
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PS we should also watch BTC prices, because ETH is rarely above 0.05BTC
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I will try to sell around 980 before going to 1200 if it reaches that level before December 20th