ETH continues in a strong advance after completing the correction which bottomed as forecasted at the $600 range. I expect ETH to now continue to make further significant gains in this now solidly established bull trend. Expect ETH to follow the labeled a, b & c price points on the chart, which when this move is correct will represent an additional 10%+ gain above current price. $1084 is my next target and if you recall $1084 was resistance during ETH's first push to reach a record high above $1400 last December. I also expect $1084 to be crossed which as you know will thereafter become support. I do look for $1084 level to require a couple passes before crossing and remaining above this level, expect it to do so on the 2nd touch. After clearing $1084, expect ETH to move higher to label "c". After reaching "c" look for some sideways or basing price action for a period of time during which ETH will consolidate before beginning the push to surpass the previous all time high and move higher. I think it is very likely we see ETH at $4,000 or higher during this latest bull advance. That would be a fantastic gain for ETH hodlers from this price level!
If you are trading Bitcoin or other alts I invite you to follow me for my Bitcoin outlooks and remember most, if not all alts, follow Bitcoin so its forecast is a good forecast for most crypto's. Therefore, its really wise if trading any of Alt coin(s) to keep a good view of BTC's price movement to have an outlook as to what the coins will likely do.
Cheers & Good Trading. Remember, most important thing you can do today is spend some time with those you care about, include some time for you to do something you find fun! Fun times today = you ready to face the world tomorrow.
If you are trading Bitcoin or other alts I invite you to follow me for my Bitcoin outlooks and remember most, if not all alts, follow Bitcoin so its forecast is a good forecast for most crypto's. Therefore, its really wise if trading any of Alt coin(s) to keep a good view of BTC's price movement to have an outlook as to what the coins will likely do.
Cheers & Good Trading. Remember, most important thing you can do today is spend some time with those you care about, include some time for you to do something you find fun! Fun times today = you ready to face the world tomorrow.