Ethereum is about to break out of a Symmetrical Triangle and about to have a huge breakout, Target Price: $1300-$1500 in 12-18 months, ALT SEASON IS ALMOST HERE
When moooon? ;)) I want to be bullish on ETH also, but mostly it is lagging behind BTC which has broken major supports like the daily 89 EMA and forming a descending triangle on the higher timeframes.
Long term still bullish - short to medium term consolidating with better chances for more downside.
CryptoGuy234
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@MaAndre0805, could go as low as $80 then go as high as $1400-1700 in 2020-2021
MaAndre0805
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@CryptoGuy234, your words in gods mouth! I have some ETH from when it was 35$ and hope we will see it back up one day. I think we need to see strong and lasting growth in BTC before the better alts come back. So many ALTS have just vaporized cash , 99 % down - cant go any lower bro - well. I like ETH and XMR , i think they will make it over time.
CryptoGuy234
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@MaAndre0805, Hey Man, 2 years later and this primitive yet simple TA Analysis has really held up well & has far exceeded what i thought when i originally published the idea
Long term still bullish - short to medium term consolidating with better chances for more downside.