meszaros
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ETHUSD exchange rate before a major increase...

KRAKEN:ETHUSD   Ethereum / U.S. Dollar
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ETHUSD exchange rate before a major increase. The technical picture shows a three-wave rise. According to the historical movement, the exchange rate moves 3 to 2, which means 3 major wave and 2 correction waves. If this wave structure does not change, the main wave size is assumed to increase, accordingly the correction wavelength decreases. Future ATR axis angles predict that an increased three-fold ascending wave structure can be counted. This means that the exchange rate of Ether can be doubled. For calculating current wave sizes, I used the actual ATR distances.
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