POLONIEX:ETHUSDT   Ethereum / Tether USD
Hello traders!

As you know, I've been very bearish on #ETHEREUM for the past few weeks (and still am).
There hasn't been any strong commitment from the bulls yet, as I can't find any bullish signs.

However, I can totally see that a huge falling wedge is forming, which could mean that ETHEREUM             could be trading above $300 soon!

Signs that will confirm a bullish movement:
1. Lows are not broken
2. A breakout to the pattern
3. Higher highs are formed

Keep in mind prices can trade within the falling wedge pattern for the next few weeks. This mean we could see $100, $80 etc. soon.

- I'll keep this idea updated.

Happy trading!
Trade active: The first sign for a bullish movement has happened
- A breakout to the pattern!

Lets see if #ETHEREUM could make a new high and breakout $225 level.
Comment: 20% MOVE! - Higher highs has formed! Bulls seems to be in control..
Comment: 28%!!!! Congrats to the bulls :)!
Comment: I never expected for it to move that fast, we might see $310 soon!
Comment: I'm looking for ETH to do something like this

Comment: We are still waiting for ETH to form a higher low.
Comment: Seems like $185 is the higher support ETH is trying to make
Trade active: Its currently forming a 3 wave correction structure
Trade closed: target reached: Target reached! ETH trading above $300 :)!
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good call!
What was your entry level if I may ask?
Great - thank you. Love the follow-ups to the analysis as time passes
I think BTC is going to drop down to the bottom of it's downtrending range again (starting now) and drag ETH down back into it's downtrending range as well. Thoughts?
cryptomizer ChrisSlavin
@ChrisSlavin, most likely
A target of $300 would also coincide with a 618 on fibonacci. So pretty good call. Watching it closely... watch out for the weekend dips - been noticing this the last few weeks.
@jpmartin, great, goodluck!
Thank you so much, it is a great TA, Good Job!
@navidfathi, Thank you!
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