ETH/USD to break through $50 barrier to ATH

ETHUSD seems to be entering a tightening wedge while BTCUSD looks to be headed to a double top. When BTC breaks down, Ether should see new all time high. Lately there has been a lot of upward movement with BTC, normally meaning Ether should go down. Ether has taken the brunt of the assault very well and is extremely well positioned for a new all time high on 4/21.

Comment:

BTCUSD broke through the 1230 barrier sending a shockwave to ETHUSD. Look to see if ETHUSD takes this assault well. If BTCUSD rises to 1290 or 1300 it will be touching it's previous All Time High. I doubt it will break the 1300 barrier before being turned down. If ETHUSD only drops to 47.5 then it's showing very strong support and should have a long uptrend coming starting 4/22

Comment:

Support has shown up and ETHUSD is recovering from the drop early on 4/20. BTCUSD is beginning to show weakness. News that exchanges are having BTC issues this morning may enhance the downturn expected to begin end of 4/20 early 4/21 for BTC and increase the gains in ETHUSD during the same time period.

Target: +$56

Comment:

Looks like the set-up is happening as predicted. 24 hours at this level and then ETHUSD should break up.

Comment:

BTCUSD being at 1245 and ETHUSD being at 49.30 is pretty amazing for ETHUSD in my opinion. It's a small monster about to eat up BTCUSD.

Comment:

Getting closer! Wedge is tightening. Will it happened as predicted? Or am I seeing faces in the clouds?

Comment:

Huge wall on Gdax at 48.7. Very thin books on the sell side looks set up for the first part of the surge to start soon.

Comment:

Hmm. Big sudden sell of pushing ETH to near 48. Does this mean I called it totally wrong and the only reason to listen to me is to do the opposite? Or is a really great chance to pick up a few more ETH at 48?

I'm gonna get more ETH. Hope I'm right.

If not, then we'll try to find out what went wrong in the post idea analysis.