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Ethusdanalysis

Ethereum ready to take offIn my previous EthUsd analysis I said that I strongly bullish on this crypto and I expect 3k to be reached. My opinion is not changed, more, is reinforced. If you'd looked at price action these past few days it is clear that dips under 1200 were bought aggressively and bulls are in total control. At this point Ethereum is trading in the last recent high zone and slightly under its all-time high, and I expect a strong break above. Although is far at this point, but only a drop under 1000 would change my strongly bullish opinion
BITSTAMP:ETHUSDLong
by Mihai_Iacob
4
EthUsd- Can it reach 3k? My opinion is YESAt this point, Ethereum is trading slightly under its all-time high (20% not being so much in the crypto world) and, simply looking at BTC after breaking above its ATH we can see that it doubled its value pretty quickly. Furthermore, we are in an extremely strong bull trend when it comes to crypto and I expect this to continue for the first part of 2021. In my EthBtc analysis, I said that I expect a break above neckline resistance of the H&S and a challenge of 0.06 figure. Putting all together, a bullish bitcoin that can go above 50K , a bullish ethbtc that can break above resistance I will reduce all to simple math: 50.000 x 0.06 equals 3k for EthUsd
COINBASE:ETHUSDLong
by Mihai_Iacob
3
ETHEREUM To Continue Decline After Short-term GainETHUSD decline from $1348.24 unfolded as a five-wave impulse. The sub-wave of wave (3) is also visible. According to the Elliot Wave principle, at least a three-wave move in the opposite direction follows every impulse. The correction seems to be unfolding as a simple zigzag, which is now in wave (c). Once the three-wave move is completed, the price should resume in the direction of the impulse. So a decline below the previous low at $912 is plausible in the days ahead. This scenario is applicable to Bitcoin and Litecoin because they're highly correlated! What's your thought on Ethereum? Let me know in the comment. Thanks for reading, Veejahbee.
Short
by Veejahbee