FUTUREBOYCOLIN

ETH Long Term Outlook

FUTUREBOYCOLIN Updated   
COINBASE:ETHUSD   Ethereum
My BTC analysis calls for a bear market after the Macro B bounce to last 11-13 months, dropping to the $4k-5k zone.

ETH on the other hand is fundamentally strong, and IMO the future of the Cryptosphere.
A B Irregular top is highly likely, espcially since the corrections within the A made an Irregular Top fractal. The top of the wave channel is extremely optimistic, and I don't think we'd see too high over $1500 if we do get a FOMO B, but it's in the chart as an illustrative tool.
Comment:
Chock Full 'O Divs
Comment:
Juuuuuuuust a bit more.
Comment:
Short term 1-2 setup in the 5-3-5 of possible B upwards now.
Comment:

We are nearing the top of the C of the A of the Macro B. This will take us up over $1100, at which point we will enter the B of the B. It's entirely possible that the B down can retrace fully to the previous lows under $600. I think that's an extreme swing, but ETH likes to swing wildly with sentiment.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.