cptmcclain
Long

Ethereum 20 days of up

POLONIEX:ETHBTC   Ethereum / Bitcoin
995 2 3
With the DAO fiasco drawing further in ETH past Ethereum will regain positive momentum. Many new ICO's are on the horizon and will further multiply the ETH craze. (https://www.reddit.com/r/icocrypto/) Augur is one of the main projects that will start requiring ETH for it's value token. ICONOMI is another platform that will, in my opinion, cause crypto assets to really grow quite rapidly.

For the next 15 to 25 days I believe ETH will be in a general uptrend at approximately a 35% gain from today's prices. Who knows, it may even go higher...
I think the small triangle will break up, price goes to middle of large channel, then proceeds to bottom of channel then breaks down. This is because i think both the triangle and the channel will be a continuation pattern.
+1 Reply
cptmcclain veryevilone
There will be resistance in the middle of the channel, there is no doubt about that. It is entirely possible that you are right. The reason I think it will break the resistance is due to several ICO's that will pull downward pressure away from ETH. You may be right, however.
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