Guys here are my prediction for ethereum until February 2022. This run is gonna be fun. In my opinion, we have a 10x in eth sleeves. If you had listened to me you would have maybe scoop some between 1800 and 2000, my final target is 20 k. Now talking short term eth will touch 3 k by middle august to then retrace to 2400, this will be your last chance to buy eth cheap. Medium-term eth is gonna reach 7900 before to have a doom retracement to 4350, people will curse it, call it dead...then there will be the last blow off to 20 k to then enter the bear market, which will reset it down to 1800 in 3 years. Enjoy the ride. the next 6 months will be fun for crypto. educational purposes only
I think there's a very high chance of going up to to 50 or 61.8 fib above 3000 short term, but then not sure after that.
Nice chart though, 20k would be nice 😂
CFcryptoTA
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@LineTrader1209, Hi thanks for your comment, I see it hit 3000 in the next few days, short term movement and then a retracement to 2500 before to match the ATH. The targets layout is for the next 6 months. All obviously if BTC stay healthy. When BTC will touch the 35500 it will be the last time we see ethereum below 3000 (2500 - 2600) then we will shoot up. I see BTC break 44 k in the next 15 - 20 days and head to 53 k - 54k. It is gonna be a nice run. 7k is the first target for proper profit-taking on eth. 20 k is my last target everything needs to be reassessed as we go. The market can turn very fast, however, those are all levels that meet the Elliott wave rules which usually I am pretty confident about. If you have a question or a chart to share, I would love to look at it. Thanks again
sumairk
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too early to say that, we gonna retest again before going up depends how btc moves.
CFcryptoTA
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@sumairk, first of all thank you so much for your reply and support. I just like to point out that we have just broken a double bottom pattern, which is a classical reversal pattern, its target is 3000 dollars in this case. This will also complete the first motive wave of the new bull market, that usually retrace to the 0.5 fib level or 0.618 which sit between 2400 and 2200, which is also the resistance level which we just broke which turn support. After that following the Elliottwave pattern the levels discussed in the idea are the projected targets for eth. I hope this clarify my idea. If you have any other view feel free to share it. Regards
Nice chart though, 20k would be nice 😂