ETHUSD 8h: We are going to the next level - 350 > 600 USD
3274
The biggest mistake is a lack of imagination. I have looked at the current situation and the outlook on a possible ETH development until the end of the year.
The trend lines shows a rather positive picture. Market consolidation is definitely over. The market will once again focus on the benefits of digital currencies. ETH and ETC are the only solutions that enable smart contracts. With fresh new money, the market growth continues. I see a positive development for all cryptos.
Important point. Now we are faced with a psychological and technical resistance. If it will break, we will still see a strong up. if not, a short correction to 260 is possible.
Catatan
We are on the way to the goal ... 350 USD are possible and likely. be still watchful.
Catatan
back on track. first wave ...
Catatan
fight around 300/310. be watchful. correction to fibo 0.62 265 USD possible. than next wave up to 350 USD. let's see ...
Catatan
strong support at 300. more up expected.
Catatan
timeshift, same target. a correction to 265 could arise. better price for re-entry. after that, we are back on track.
Catatan
could be a double top. be careful.
Catatan
It is amazing how strong eth is. We are back to first forecast. 350 USD again possible. lets see.
Catatan
sorry for the secound call. up is not safe. double top still possible. lets see.
Catatan
double top confirmed.
Catatan
so we touched exactly the predicted trend line. let's see, if the correction ist over ...
Catatan
oh, sorry here the correct sreenshot
Catatan
further sideways in the fibo area 0.786
Catatan
Current situation in brief: the trendlines work. generally a strong market und support at 350. sideways movement expected. then more up.
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