Ethereum 90 Day ProjectionETH to $5k by 12/20
- Bounce from retracement in month 1 of the new year
- Double top in late January following expectations with Bitcoin
Valentine's Day "gift" will be retracement:
- Optimal 30% retrace = mid-channel support $3.3k to $3.6k
- Likely 60% retrace = bottom of the channel w/ support at $1.7k to $2k
Assumptions:
- Ceteris paribus
- ETH to Proof of Stake (v2) timeline can change this
NOTE:
- ETH v2 = MASSIVE UNLOCKING = Profit Taking = 85% retracement at some point in the future
Ethv2
Ethereum on FIRE!?? FEAR & GREED, Buy or Sell at $1800-1900???Calling the short term bottom here! If you missed out on Ethereum at $4600 when there was euphoria and nothing but positive news, now is time to consider Ethereum at the best discount we'll see in decades. Discounts can even be better as the whales have dumped, short term minded speculators bailed and derivatives toxicity overflowed.
Once people figure out why banksters don't want competition, everyone will be buying this new generation real money, controlled by math instead of crooks counterfeitting their "just because we say" IOU gov paper.
Don't bet the farm and never trade crypto leveraged. That's like asking a poker pro to be your banker. You'll walk in feeling rich and aiming to leave richer and you'll walk out penny less.
Also, don't trust crypto exchanges. They will be taken out by banksters and the puppets they control. Yes, that makes trading more tricky and is the #1 reason non-traders, HODL investors, should only do cold storage wallets.
Peace out.
PS When you start hearing about all the Ethereum V2 taking over the world with low transaction fees and energy use, sell 50% of the ETH you buy at sub $2K and repeat this wonderful cycle of fear and greed.
Ethereum: Nice correction and rebuying sub $3000 May 2021Panic selling creates a wonderful trade. Investors should think twice about investing in crypto if they are concerned about volatility. There's significant forces at play.
Medium to long term bullish. Short term, there might be more buying opportunities lower.