If this daily close is above 2450 we are good to go for 2700 USD.
If this daily closes above 1880 USD and once we cross 1950 USD & close above this level, 2500 USD will be sooner than we think. As I can see this 1D chat this is looks like a cup & handle pattern to me and breaking above is imminent.
This is my observation. When ETH was at 2k it was a perfect observation by my. In this channel look at the starting of this channel, double bottom and price went up 136% around 1400 there is the previous support zone, and if the correction is done we go up again. first upper trending channel which is 72% gain. and if ~136% move up we hit 3k. If there is any...
It is a possibility. if history repeats BTCUSD will hit 72K
It met my price target @1913 , Will definitely move up next week. I am bullish and fundamentals are more strong. I've been calling $2000 by the end of Feb. Check out my previous chart for ETHUSD price prediction.
I am not an expert of using Fib. but as per the lines are aligned it looks perfect to me. Do comment your opinion. Next target is 1600 USD and few days consolidation and then sky is clear. :D Good entry point is 1454 USD breakout. If retracement happened 1170 USD or 1080 USD could be good entry points.
I might be wrong, but 2 hour chart gave me this feeling. We may hit 30K - 31K then a big correction to 24K is imminent.
Look at the RSI, is not going up as compared to its previous performance. But the price is moving up. My analysis there is little strength in the price movement. So may be a dump to 22000 would be great before moving up.