*******Ethereum Weekly Cypher - Case for long entry***********
ETH has showed rejection at a weekly cypher pattern and also tested a monthly support zone
Looking for initial targets at a re-test of the highs gives us a nice RR for position 1, and for the more aggressive you can aim for extended targets with a 2nd position
Stops ticked below the monthly support
Personally I have entered and bought more Ethereum and have used this as entry into a longer term investment (5-10 years) but have shown potential targets for a shorter duration exit
Looking for initial targets at a re-test of the highs gives us a nice RR for position 1, and for the more aggressive you can aim for extended targets with a 2nd position
Stops ticked below the monthly support
Personally I have entered and bought more Ethereum and have used this as entry into a longer term investment (5-10 years) but have shown potential targets for a shorter duration exit
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