I developed this theory almost a month ago on 1/22/23. Here is my write up from then:
ETH Price Prediction (1/22/23) The weekly candles give me a bullish bias over the next couple weeks. Will be looking for a break and close above ~$1680 before looking for any long trade setups. Will be paying attention to any news that may change the fundamental outlook, but still overall bullish with a currently bearish US dollar.
The sentiment is the same now (2/15/23) and we're now watching and waiting for price to break and close above $1680. ETH could touch $2k within the next few months.
ETHUSD
ETH Price Prediction (1/22/23) The weekly candles give me a bullish bias over the next couple weeks. Will be looking for a break and close above ~$1680 before looking for any long trade setups. Will be paying attention to any news that may change the fundamental outlook, but still overall bullish with a currently bearish US dollar.
The sentiment is the same now (2/15/23) and we're now watching and waiting for price to break and close above $1680. ETH could touch $2k within the next few months.
ETHUSD
Comment:
Price touched $2k today. Continuing to flow with the markets.
