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Tez8
Apr 22, 2021 2:33 PM

Update: Super Bullish ETH for April - new ATH - Target $2.8k Long

Ethereum / U.S. dollarBitstamp

Description

SUMMARY: Super Bullish - may achieve new 3k ATH in April or May

--Technical --

Trending up and volume is increasing - bull signal

We have a strong Bullish divergence with the RSI on 1D scale.

1D MACD cross and new up trend starting.

--Fundamentals --

Based on fundamentals and ETH 2.0 lockup . Add in shortage of ETH.

Forecast is for parabolic rise in the price of ETH over the next couple of months. Driven by institutional demand and money and further retail adoption.




Happy Bull Market come Alts season.

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SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.


*Not financial advice and is for educational purposes only. Always DYOR.

Comment

Original Forecast below:

Comment

Target reached - ETH at $2800

Comment

ETH is on track yo hit the 3-3.5k target for May
Comments
ElinaJ
you called this one well
Tez8
@ElinaJ, thanks
Tez8
@ElinaJ, target 2.8k hit
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