ETH / ETHEREUM -- Outlook
Updated
ETH is currently @ Longterm trendline Resistance + Under ATH Supply.
Here is my opinion/outlook on what could happen next for Ethereum. I would like to see a shift in trend towards our Macro structure towards Support @ $15-$20 USD for Ethereum. S/R lines up with Trendline confluence around SEP-OCTOBER.
Upon so, a full blown BULL MARKET towards 10K per ETH.
Although, upon breaking upwards in a parabola could we possibly see a target in the 5-6 digit range for ETH? Seems like trouble for the U.S Dollar if it does.
Here is my opinion/outlook on what could happen next for Ethereum. I would like to see a shift in trend towards our Macro structure towards Support @ $15-$20 USD for Ethereum. S/R lines up with Trendline confluence around SEP-OCTOBER.
Upon so, a full blown BULL MARKET towards 10K per ETH.
Although, upon breaking upwards in a parabola could we possibly see a target in the 5-6 digit range for ETH? Seems like trouble for the U.S Dollar if it does.
Note
Note
Invalidation @ break and hold of $750 USD
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