Considering ETH/BTC is around 0.033 BTC and at its highs, it was 0.1 BTC, Ethereum has a lot of room to grow short term both against usd and BTC.
I would honestly hold this until 10k$ or more.
The opportunity of a lifetime.
In 5 years ETH will be over 50.000$.
Link is at 11.20$.
It's had it's correction/capitulation, required retests and is ready.
Don't ask me how I know.
do a 2-3x leverage trade and roll in dough in 3-6 months.
I'll give you a hint. It usually retraces about 30-33% after it breaks the 55EMA on the daily.
Takes anywhere between 9-46 days to regain the 55 EMA on daily.
It dropped 36.68% already on day...
Link is forming it's final corrective wave E. Strong support around 10.50-11$ area.
10.50$ is the wave C fibonacci extension .618
On the last correction 9.80$ held support, it should hold support this time as well. Hard to believe we can get cheaper link than 10-11$ in like ever again.
If this support does fail then the area that link should turn around is...
My chart had this macro trendline for almost 2 years now and we are slowly getting there. I think we might retest this previous support from a few years back. At the same time if BTC becomes in the following months a safe haven, and it gets more adoption as hyperinflation occurs worldwide and the current economic system fails. I think it might just retest 4000$....
It really looks BTC has bottomed and it's ready for a bounce from the 7700 area.
This is the 0.618- 0.65 fib retracement called golden pocket.
Also it bounced from the bottom white trend line.
Bullish divergence on the 4h.
And also Finance 1.0 ready to collapse because of all their bs!
Bitcoin has to be our safe haven, what else is there? Gold? Yeah, but the gov...
Monthly looking bullish. Bull flag finishing up nicely.
On the daily time frame it bounced from .618 golden pocket retracement, around 17.28ish.
Ready to start wave 5 of this move. Finishing up wave 4.
Target would be around local highs at 19.5$
Long-term view 1-3 years bullish. It will retest the 50$ area in the next bull run which is about to start in my...
Zilliwa wave 4 Elliot Waves Analysis on 4HR chart is about to end. Range 1615-1630 sat
It will pop about 20%. In our case wave 1 is longer than wave 3 and wave 3 by the rules of Elliot wave theory can't be the shortest. Considering wave 3 is 14% increase and 1st wave was about 17% increase, it would mean that wave 5 will be more than 17%. The next resistance line...