ETH Target of $4350 due to successful completion of the C&H formation. We're partway through the rally and FOMO may push us up to the hourly third leg.
See the hourly chart posted moments ago.
BTC pullback may lead to a good week and a new ATH for ETH.
SHIB was a little short on my previous target but still performed quite well.
Adjusting for prior performance, I've put in new targets, starting around 100% within 5-10 days with potential for higher upside due to FOMO if any of the rumors for listing on exchanges come to fruition.
We are halfway there already... ETH Daily chart showing a large C&H formation - Target of 72 days based on the bottom of the cup to edge.
This is complemented by the 4h and 1h charts which are showing their own rallies with C&H and bullish flags.
I'm not convinced this is a great Cup and Handle formation, but it is there and it is also on ETH.
However, if you compare it to the other charts, the numbers seem to be within the same reasonable ballpark and timeframe, so it's possible that multiple patterns will more strongly confirm the target.
I also don't remember how to calculate the estimated date for a...
Reviewing the previous rally and seeing the bearish flag, it appears we may reach $197k by the end of January 2022.
This doesn't cover the potential Cup and Handle formation over the previous few months. I may chart that next.
I decided to take a different look at things with a clean chart today. After reviewing various other coins and over different timelines, I came back to BTC because all except ADA seemed to be in a bad way. ADA is struggling still but seems to be resisting this bearish move.
While looking for any potential patterns, I noticed we are near completion on a large...
Decided to take a closer look at the Eth charts today. The 4-hour chart shows a definite bullish pennant forming and we're touching the top of it.
If we break out in the next 12 hours, it's possible that over the next 11 days we'll be on track to $5900.
I'm only publishing this for my own record-keeping because I don't know that I believe we'll hit that value...
In 2017 Ethereum experienced a rally lasting 242 days for 1400% growth.
It appears we are repeating a similar rally and using that same timeframe and growth percentage, our target is around $5900 ending around July 1st, 2021.
After July 1st, 2021, within the first 10 days, we'll likely see a retrace to the 61.8 Fib.
After July 10th, 2021, a short rise for 10...
Ichimoku fundamentals are all off the charts now. This looks like the beginning of the 2015 rallies where we went up 8100% in 805 days.
I've been trying to chart an opportunity to buy, but time may be up. We've broken upward and I'm not sure we'll get back to $6k again or even back to $9k. Days will tell us.
Prior to the incoming $26k...
Expect a crash to begin over the next few days, dropping to $6200 on or around July 14th.
Next, the rebound:
Phase 1 target $9700 - Aug 17, 2020
This marks the end of the bearish market with a significant Inverse Head and Shoulders formation, which leads to the Phase 2 rally.
Phase 2 target $14,500 - Sept 4, 2020
Current bullish flag and continued downtrend has hit 61.2% Fib Retrace. May continue current downtrend until $5500.
Feb 8th, if repeating last year's trend, will begin the rise over 86 days to a target of $17,500, with FOMO to $20k sometime between April-June.
Don't be greedy, Sell after reaching $20k target as $23k may be achieved, but Bitcoin will begin...
The TinFoil chart has spoken.
My Mar-26 target of $80k is falling behind, but give it time, another week or two. This is not an exact science. In fact, TinFoil doesn't believe in science, he believes in magic!