tududu
Long

Ethereum: fortune-telling for May 28th and beyond

POLONIEX:ETHBTC   Ethereum / Bitcoin
With the new wave of ETH media attention and BTC fear, uncertainty and doubt, I'm expecting us to test 3700 ATH             , either within the next 10 days (May 28th = DAO launch date) or before the BTC halvening. Two scenarios:

a) Sideway correction on the 3000-3400 range then retest of ATH             . If ATH             is surpassed, next target is 0.5.
b) Acute correction with 2600 as max pain, with possible targets at 2900 and 2800             , followed by long period of consolidation of the 3300-2600 range and eventually retest of ATH             .

For those who like Elliot , seems like we are about to enter in a kind of wave 4.

Please don't use this chart as financial advice, I'm just an amateur trader.
This will be sub $10 by the 29th
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How does this relate to the current price?
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For now, it's still correcting sideways in the 3060-3300 range. This is a very "choppy" range, characteristic of a corrective wave. If it loses 3000, pullback to 2950-2800-2600 is possible for more acute correction.
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