RandomOracle

ETH Bullrun Hasn't Started Yet

Long
POLONIEX:ETHUSD   Ethereum / U.S. Dollar
POLONIEX:ETHUSD

ETH found it's bottom on the logarithmic scale in 2020, confirming it's logarithmic trend from 2015-Now.

Currently struggling with the 0.382 logarithmic fib, ETH could break this fib in the next days/weeks to confirm the start of it's real bull run.

The moment that fib gives way, we only have psychological levels as resistance until we hit the logarithmic trend mid-line & the next fib at just under $5k

The ETH/BTC pair has bottomed out as well and looking to rally against BTC in the coming weeks, ETH's bull run that is about to happen will be VERY surprising in terms of $ gain & BTC pair gain.

With the above said, it's a possibility that the fib could reject and we could see a movement towards the next fib below at $570 before the bull run commences (This is worst case) *Keep an eye on the BTC pair to confirm if the fib will reject*
Comment: having an intense fight with that log fib!
Comment: Yet another attempt at breaking that fib for good

Comments

What will give us signal that eth run started for real ?
+2 Reply
@samky39, Keep your eye on the BTC pair, that'll be the pair to confirm the start of the ETH run
Reply
PEETBULL RandomOracle
@RandomOracle, perfect
Reply
@samky39, Once ETH/BTC starts making a move up, that'll be the signal that ETH is starting a major run up
Reply
samky39 RandomOracle
@RandomOracle, Thank you so much for your reply.
+1 Reply
Nice work my friend.
+1 Reply
@AM.98, Thanks!
Reply
thanks for the share!
+1 Reply
RandomOracle coinonymous
@coinonymous, All good!
Reply
Thanks for always sharing your thoughts.
+1 Reply
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