ETHBTC Ethereum: The Next Chapter 2.0, Defi, Money, Future

As Bitcoin continues on in the $10K $15K $20K range, investors will be enticed by the lower more reasonable "whole" numbers they're able to secure with Eth. Sh*t coins will pump first (as we have witnessed the passed couple of weeks). Then flood into Ethereum for the big 2.0 blast. Realistically more TA based, than fundamental, but speculators and whales both enjoy pinning the reasoning to the pump!

Eth is undervalued against BTC. If BTC is successful, Eth will be too at much higher ratios than we are seeing today.

We'll see you on the moon. Not trading Advice. Not the real moon, the theoretical financial peak so called moon. Please keep all hands and feet inside the craft.

See chart for prediction and notes. Secured hodl bags already, this is for a long position.

Thank you.

Comment:

Looking at .0188 (.618 Fib) as entry with the same stop. Ideal entry would be if it gets down to .0177 (.786 Fib).

If BTC runs in the next day or two, this should drop ETH to these levels easily.

Comment:

Direction Ideas:
1) Break out of long term downsloping trend soon (11/14 writing this) 25% chance imo.
2) Correct down to fibs creating one last head and shoulders pattern before breakout of trend. (ETH showing H&S and inverted H&S patterns quite often lately). 50% chance in my opinion.
3) OR we have not bottomed yet, and we are currently headed down to print the (Head) of the pattern. Then up, then back down to print the right shoulder. THEN breakout. 25% chance in my opinion.
- Again these are simply thought and ideas not trading advice.

Comment:

See Above Chart.
1) This idea would break thru Cyan Blue line
2) This idea would be the yellow or pink route
3) this would be the white scribble H&S and the red/peach colored much larger H&S

Comment:

Press play. Doesn't get much better than that!

Trade closed: target reached:

No brainer. On the money.