I think Ethereum will be $1920 in the coming weeks.

If Ethereum was to break out of this pennant we could see a measured move up to $1900.

I have said time and time again that Ethereum is very undervalued in terms of both it's Bitcoin and USD valuations. BTC Dom has recently shown signs of a start to a huge alt season which I am extraordinarily happy to see.

If you need convincing you should check the history of bitcoin dominance and the price of Ethereum and other major Cryptocurrencies other than Bitcoin!


If you trade this use risk management and trade safely, this is the best-case scenario. I am so bullish on Ethereum right now!

Comment:

I re-entered on the upper trendline of the previous structure

Comment:

A nice bounce off the long term support