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ETHUSD: Bullish Projections

Chart is self explanatory. ETH exited its bear cycle 2 weeks ago. Possible local double top at ~348-349 can be expected.
If we Breach this high with any confidence we will almost certainly at minimum hit our previous ATH at just around 420.
If the bulls manage to maintain control past that point, ~495 is well within reach.

Ghi chú

ETH has been observing these cycles for a very long time.

Ghi chú

I accidentally marked our E target as NT... the orange target is E.
Disregard my silliness.

Ghi chú

ETH is building strength and steadily approaching our NT target, the rough double top.
Beautiful.

Ghi chú

We have hit our NT target, and some profit taking has occurred. However nothing serious that looks like a double top. I do expect us to breach this level and I intend on watching ETH make some beautiful gains.

Ghi chú

We have breached our double top. Our targets are confirmed. All there is left to do is watch ETH's performance.
Horses at the races...

Ghi chú

Some profit taking has occurred, resulting in our small dip from 360s to 340s. However we can see that ETH has recovered and is taking strides towards testing new local highs.

Ghi chú

We have breached the upper limit of this pattern

We approach our N and V targets

Ghi chú

We have pretty much hit our high probability targets. I would suggest taking at least a portion of your profit.

Ghi chú

We have passed our high probability target by a long shot.
Whether you reopened your positions after the drop from 420 was your choice. We are rocketing towards our E target shown in orange. Eth has been performing beautifully. Start celebrating if you haven't already.

If my advice helped make you a little cash and you're feeling generous, donations are welcomed and appreciated
BTC: 363sDXLXkV7tm3pJmK2mLTDZjdTANbiA4A
ETH: 0x4c1aA87252e31C2552248b3561c9dBef7E21C7Fb
LTC: LeUKche2Mz51tNG4jmTj2LkufkNUd4DpFm

Thanks all and happy trading.

Ghi chú

Ladies and gentlemen ETH has hit our E target. If you held out for this target then congratulations... you have profited very nicely from this trade. Stay tuned for more analyses and toss a donation my way to ensure they keep rolling in.

Happy gains everyone.

Đóng lệnh: đạt mục tiêu

Ghi chú

As I am sure you can see, heavy profit taking occurred right after we hit our E target. I hope you all got out safely.

Ghi chú

N and V appear to be acting as support

Thegreatomski

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Thegreatomski