a 2nd wave of 3rd is ended or almost to continue unfolding an explosive 3rd of 3rd wave. It's a target of 0.9 on the pair to sell each ETH for almost for whole bitcoin token. that is an amainzing 3500%
we will see...
ETHEUR has broken the previous high of 440 as predicted here:
Expect a shallow retrace and then a next push up towards 500 (495 to be on the safe side)
After what seems to of been months of consolidation, ETH is finally on the move, and very rapidly.
IF we are able to smash through the resistance zone between 390 and 407 I believe this could send ETH into one of its' biggest bull runs yet.
As you can see on the chart, it appears ETH has formed a giant ascending triangle. Now if the size of the triangle...
It looks like ETHEUR has run out of steam.
It needs to reload (pick up some orders at lower levels) before the surge can continue.
Expect the 350-level and probably the 320-level to be revisited.
Was expecting a last leg within ETH big 6-month+ ascending triangle, to test 330-350$ support zone...
BEFORE its big breakout of the 6month triangle.
Price is making a move earlier than expected currently, extending well above 400$, hitting high of 427$ as of writing.
Volume was decent, but not a typical blowout kind for such an important breakout...
Ethereum has broken out of the Symmetrical Triangle's upper trend line and briefly pushed over $400. There may be nothing to it but it seems kind of odd how the last two buying waves have occurred 12 hours
apart. Could we get another wave of buying 12 hours from the last which pushes ETH well over $400? If the pattern repeats itself I would expect consolidation...
This is just my view of where Etherium may go over the next 1 to 2 months.
Etherium has lost ground to BTC for over 4 months, I believe that Ethereum will close that gap somewhat over the next few months.
I`we been watching ETHUSD behavior on this line for a few days. ETH just bounced off it.
I am watching for it to bounce off 330 next.
I am long since 297. My personal opinion is that ETH is strongly undervalued.
Happy Trading :)
For those of you who followed my last ETH chart you saw we broke out of our short term triangle and got a nice bump.
Well good news! There's a long term ascending triangle as well. And as long as we stay within it then things are looking pretty bullish. I'm guessing we see 400 by mid February at the latest, but possibly sooner (crypto usually moves faster...
See annotated chart for my expected price action. I expect ETH to continue to build higher. Not sure how long some these target areas will take to hit.
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![ETHUSD: Expect ETH to reach $800 by 12/22 [Coinbase]](https://s3.tradingview.com/e/EfXCABOR_mid.png "Expect ETH to reach $800 by 12/22 [Coinbase]")
