Ethereum has broken out higher after ranging for several days. It has finally achieved all time highs, barely breaking its 2017 high of 1424. At this point it looks like it's going to keep ripping and our next target is a nested Fibonacci level at 1577. This appears to be the beginning of the next impulse wave in another 5-3 Elliott Wave. We are soon to have some resistance, but fear not, this is just the second wave in the impulse. It would be unwise to fomo into a trade at this point. Wait for a retracement
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