ETH is still at the bottom. Target $5000
In my opinion, crypto is different from stocks. I know that most of us look at them like stocks with similar analysis techniques however, they play differently. For example, stocks are mostly linear in behavior while crypto is exponential (not parabolic). Hence, it is more reliable to look at one coin (assuming BTC as a reference) and look at how the other alt coins behave.
If we look at LTC, all analyses assumed (based on the stock behavior techniques) that it will retreat to $100-$150 and rest there while historically it jumps to about 0.018-0.02 BTC at every pump, this is about $300 which was almost hit today.
Hence, I am expecting the following longs:
1. 0.07-0.08 BTC ~ $1500 : Q1 of 2018
2. 0.13-0.15 BTC ~ $2500 : Q2 2018
3. 0.30-0.35 BTC ~ $5000-$7500 : Q3-Q4 2018
4. Back to around 0.05-0.08 BTC (USD value will not reduce, but BTC will increase) : Q4 2018 - Q1 2019
5. 0.8-1.0 BTC (expected in 2-3 years): Q4 2019- Q2 2020
If we look at LTC, all analyses assumed (based on the stock behavior techniques) that it will retreat to $100-$150 and rest there while historically it jumps to about 0.018-0.02 BTC at every pump, this is about $300 which was almost hit today.
Hence, I am expecting the following longs:
1. 0.07-0.08 BTC ~ $1500 : Q1 of 2018
2. 0.13-0.15 BTC ~ $2500 : Q2 2018
3. 0.30-0.35 BTC ~ $5000-$7500 : Q3-Q4 2018
4. Back to around 0.05-0.08 BTC (USD value will not reduce, but BTC will increase) : Q4 2018 - Q1 2019
5. 0.8-1.0 BTC (expected in 2-3 years): Q4 2019- Q2 2020
Catatan
ETHBTC Creeping nicely towards 0.07-0.08 BTCCatatan
ETH is close to pass the critical 0.06 BTC
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.