Etherium Analysis

As we wait for the Btc/Ltc reaction to software issues in the next week, take a look at Etherium on a long term basis.

Dragon has formed an eye and tested the oceans surface. I am initiating a long position in anticipation of a retest of the recent high and beyond.

Utilizing the pitchfork indicator, this is one of my favorite long setups. As price tests the upward median (green) line, a reasonable stop position is in place, ie a break of the upward fork. Profit target = $400. Good trading!